(Europe) – Nobile Italia has joined Collingwood lighting to create a pan-European lighting group under Ambienta’s ownership.
In a move that will see both companies benefit from complementary lighting expertise, product portfolios and supply chain opportunities, the partnership is a significant step in transforming the group into a market leading pan-European player. The alignment will also see the group benefit from opportunities in the areas of product cross sell, R&D collaboration and supply chain.
Hamdi Conger, Chairman at Collingwood, commented “We are delighted to be joining forces with the Nobile team. Our business models, values and ambitions are aligned and with this acquisition Collingwood achieves further international scale, accesses the highly attractive Italian market and gains access to new products we can cross-sell to our existing customers.”
Fulvio Nobile, CEO of Nobile, added “We are very proud of our history and success at Nobile. It is an honour to join Collingwood and I am convinced this will help our Company accelerating its future growth potential taking the business to the next stage. Partnering together we will create synergies and great future growth opportunities.”