Nemo expands into architectural lighting
(Italy) – Nemo has acquired Ilti Luce from the Signify Group, a Turin-based architectural lighting company specialised in offering customised lightings for high end niche applications in retail, hospitality, museums and architectural outdoor sectors.
Ilti Luce, was among the first Italian companies to use LED lighting over 20 years ago and the optical fiber, with which it participated in the construction of the Egyptian Museum in Turin.
Over the years, Ilti has been working on signature projects such as: the Smithsonian Institution in Washington, La Venaria Reale in Turin and the Armani / Silos in Milan.
This transaction is in line with Signify’s strategy to focus its Prof business on LED and connected lighting products, systems and services for broad applications. “We are very satisfied with the acquisition of Ilti Luce and the relationship that has been established with the Signify group,” said Federico Palazzari, CEO of Nemo.
“Ilti’s entry into the Nemo world represents an important development, thanks to Ilti’s unique and sophisticated know how in architectural and outdoor lighting projects. We are interested in continuing to grow in the museum, retail and outdoor sectors, which has brought Ilti to such important results.”