Lamp Lighting joins Nordeon Group
(Netherlands) – Lamp Lighting brings industrial centres of Spain, Mexico, Colombia and Chile to Nordeon Group’s manufacturing operation.
Lamp Lighting, manufacturer and designer of technical and architectural lights, has signed an agreement for the company’s integration into The Nordeon Group.
The Nordeon Group, with its head offices in Eindhoven, is one of the fifteen largest lighting system manufacturers in Europe.
With the incorporation of Lamp Lighting there are now seven front line area leaders in The Nordeon Group. The present organisation includes Hess (Germany), Wila (Germany), Schmitz (Germany), Vulkan (Germany), Nordeon (France) and Griven (Italy). VIAPAQ, a technology and research company specialised in R&D and with factories in France and Finland, is another member of the group.
According to Ignasi Cusidó, Lamp Lighting’s general manager, the operation culminates “a strategy of growth and search for competitiveness,” in order to “join a broader strategic group to consolidate Lamp’s future in the lighting industry, a sector in constant transformation”.
With the agreement, the company from Terrassa created in 1972 “has found a perfect partner for its DNA, the strategic plan, the business spirit and above all the technological base and the global infrastructure that will help Lamp to continue to grow in the digital era”, Cusidó explained.
The agreement therefore includes Lamp maintaining its brand and catalogue of products, along with its manufacturing continuing in Terrassa with the current payroll and work team, which will continue to be managed by Cusidó.
For Pierre van Lamsweerde, CEO of The Nordeon Group, the incorporation of Lamp Lighting must serve to “improve the group’s capacity to give service to a very demanding portfolio of customers in search of highly competitive high-quality products”.
Furthermore, Lamp Lighting’s leadership in Spain and South America “will be the cornerstone of the group on which to extend its market to these new geographical areas. The new stage will also help Lamp Lighting to benefit from the high technology and the extensive industrial base of the group and to commercialise the products of its catalogue through the group’s commercial infrastructure and global support”, concluded van Lamsweerde.
Founded in 2012, The Nordeon Group is one of the main technical and architectural lighting companies in Europe for both indoor and outdoor. With production strategy, technical and innovative development and support facilities near its most important markets, the companies of the group share the common denominator of being local, reliable and competitive partners with the capacity to work on a global scale.
Integration in the new group involves the transaction of a majority of the shareholding that the Cusidó family had held up to now and of which it will maintain a minority share. In the same operation, the Cusidó family members become shareholders of The Nordeon Group.
In 2016 the group expects to have a turnover of around 140 million euros. The company is present in around fifteen countries, allowing it to weave a commercial network that supplies practically every country on Earth.
The group has industrial plants in Germany, France, United Kingdom, Italy, Finland and the United States. With Lamp Lighting coming into its structure, it now adds the industrial centres of the Spanish state, Mexico, Colombia and Chile.
Over all of its companies, The Nordeon Group employs more than 1,000 workers.
By bringing in manufacturers specialised in different sectors of lighting and through the growth of the group’s companies, its aim is to exceed 200 million in turnover by 2019. Lamp Lighting, which expects to close this 2016 on 23 million euros, hopes that this strategic leap will allow it to exceed 35 million euros in turnover by 2019.
Lamp Lighting now exports in the order of 70% of its production, expanding from just 25% in 2008.
