Hoffmeister Leuchten GmbH, a Lüdenscheid, Germany-based low-energy lighting solutions business, received an equity investment from WHEB Partners.
The amount of the deal was not disclosed but it is known that WHEB Partners became the majority shareholder in the company.
Hoffmeister intends to use the proceeds and expertise of WHEB to consolidate its position in its home market, expand internationally, broaden the product portfolio, and seek acquisitions of lighting companies with similar expertise.
Led by Oliver Hoffmeister, Managing Director, the company has developed a new portfolio of highly efficient LED and conventional lighting solutions for professional applications.
Customers include lighting architects, industrial OEMs and government municipalities.
FinSMEs
01/04/2013