Calligaris Group acquires Luceplan from Signify

Banca Akros acted as exclusive financial advisor to the purchaser

Calligaris Group, Italy’s leading manufacturer of high-end chairs, tables, sofas, beds and furniture with an Italian design, has signed a binding agreement with Signify (LIGHT:AMS), the Dutch listed company ex-Philips Lighting, to acquire Luceplan, a high-end lighting company.

Luceplan is a historic brand, founded in Italy in 1978 and widely recognised by architects, designers and consumers for its innovative design based on technology as well as practicality, beauty and innovation. Iconic pieces such as Costanza and Hope stand out in its catalogue.

Calligaris Group was acquired in September 2018 by Alpha, a pan-European private equity fund. The acquisition of Luceplan is part of Alpha’s value creation strategy and will enable the two companies not only to expand their activities but also to enhance their distinctive identities and market positioning.

Closing of the transaction is subject to certain typical conditions occuring and is expected to take place in November.

The transaction reaffirms Banca Akros’ role as a key player in the mid-market M&A segment in Italy and as a partner of the main private equity funds active in the mid-cap segment.

Banca Akros Team

Senior sponsorship

Giuseppe Puccio

M&A – Financial Sponsor Coverage

Filippo Salvetti

Luca Morello

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