AB Fagerhult acquired iGuzzini Illuminazione for €385m.

AB Fagerhult, one of Europe's leading lighting companies, acquired iGuzzini Illuminazione, which designs and manufactures indoor lighting and outdoor lighting luminaries, for €385m. With iGuzzini joining the Fagerhult Group, the combined companies will have a strong position in Europe and a strong platform to grow sales globally. “iGuzzini is very proud to join the Fagerhult Group, together we are creating a European professional lighting champion and the Guzzini family have the aim to be a very important shareholder of the new combined entity”, comments Adolfo Guzzini, President iGuzzini.