Announced
Synopsis
DeA Capital, a private equity firm, agreed to acquire a majority stake in Ledworks, a professional lighting company known for its brand Twinkly. Financial terms were not disclosed. "The investment of Sviluppo Sostenibile confirms the vision that we had in 2016, when we founded Ledworks, developing an innovative technology that, born for the segment of Christmas decorations, has proven to be versatile and applicable to different commercial and industrial segments," Marco Franciosa, Ledworks Chairman.
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