WAC Lightning, a lighting company, ahreed to acquire Schonbek brand, a brand, offering lighting, from Swarovski Lighting, a company that designs and manufactures crystal chandeliers. Financial terms were not disclosed. “My family and I were thrilled to hear this news. Working with Dirk was a joy, as I witnessed first-hand his creative energy, passion for the product, impeccable design sense and understanding and advocacy of customers. I predict that these unique talents will soon find expression in a creative renaissance at Schonbek that will once again position it as a leading, cutting edge brand. There’s nobody I know of who’s better positioned than Dirk and WAC to carry forward the legacy that four generations of Schonbeks labored to build since 1870," Andrew Schonbek, Schonbek Founder.