Nordeon-Group acquires Griven

(Italy) – Italian architectural lighting manufacturer joins Hess to form a strong architectural lighting portfolio for German based lighting group.

The Nordeon-Group has further strengthened its comprehensive proposition to the architectural lighting market through the strategic acquisition of Italian based Griven. Griven specialises in architectural lighting solutions and is very complimentary to the Hess product portfolio and offerings to architects and lighting designers across the globe. As part of the Nordeon-Group, Griven will continue to operate independently under its own brand through its existing organisation and management team in Castel Goffredo, Italy.

Patrick van Rossum, Partner of Varova, the owner of the Nordeon-Group, sees a win-win situation in the acquisition for both companies: “With its broad product and lighting solution portfolio, its extensive technological know-how and deep understanding of architectural markets, Griven will substantially strengthen the market position of our Hess subsidiary. Griven will be able to further accelerate the execution of its strategic agenda and benefit from the existing market access of Hess – particularly in the US and Germany – and the Nordeon-Group’s technology and research and development capabilities. All in all, it makes great strategic sense to Griven and the Nordeon-Group and will greatly benefit our customer base and markets.”

Griven was founded in 1990 by Luigi and Silvio Pederzani in Castel Goffredo in Italy. Luigi Pederzani will continue in his current role as managing director. His brother Silvio Pederzani will continue to lead the company’s product and technology development efforts.

“Under the umbrella of the Nordeon-Group, Griven will continue to be the Griven that our customer’s know, but at the same time our customers and employees will benefit from the products, technology and markets that the Nordeon-Group will bring us,” says Luigi Pederzani.

Griven, a private limited company founded in 1990, has established itself as one of the world’s leading developers and manufacturers in the architectural lighting market. Griven’s comprehensive catalogue of proven quality, high reliability, and fully weatherproofed lighting fixtures, in combination with its in-depth knowledge in designing and programming lighting solutions, have placed it at the forefront of architectural lighting. Griven has always taken a lead position in the area of lighting technology, and started applying LED technologies as early as 2001.

Pierre van Lamsweerde, CEO of the Nordeon-Group, commented: “I am very pleased to welcome Griven – a leader in its market with a strong track record to back that up – to our Group. With Hess – our premium brand for architectural outdoor luminaires – we have good access to the creative and architectural world of light. With Griven and Hess, we now have a comprehensive platform that offers lighting designers, planners and architects the possibility to create or design better and more attractive public spaces and buildings. This positions us to offer light solutions of every shade – innovative, valuable and global – from a single source.”