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Press Release | 22 Oct, 2010 | 08:30 | Regulatory

Fagerhult acquires LTS Licht & Leuchten GmbH

LTS has 230 employees and manufactures lighting fixtures primarily for the Retail segment. In 2009 the company had sales of MEUR 48 with a very strong profitability. The company is perceived amongst customers being a major player when it comes to product portfolio, quality and as well as performance in all aspects.

“Our strategy is to become a clear leader in the European lighting industry. With this acquisition we will clearly establish ourselves as an important partner in the growing Retail lighting segment. LTS will be a solid platform for growth in the important German market. We expect to grow not only in the Retail segment but also in the important professional lighting segment”, comments Johan Hjertonsson CEO Fagerhult.

Fagerhult pays a price of MEUR 61, on a cash and debt free basis, for 100% of the shares in LTS. 

More information on LTS is available at


Habo 22 October 2010