Norka expands business activities with acquisition
(Germany) – By acquiring the Traffic & Industries division of Swareflex, Norka expands its product portfolio into road and tunnel lighting.
Specialist luminaire manufacturer Norka has acquired the Traffic & Industries division of Swareflex, a Swarovski Group company. This includes the development, manufacture and sale of lighting systems for road and tunnel lighting.
“The new acquisition is an outstanding addition to the existing product portfolio and will further strengthen Norka’s market position as a company specialising in lighting technology,” said Florian Schönfeld, Managing Director of Norka.
“We expect to have many synergies, especially in the development and manufacture of fully encapsulated luminaire systems.”
Johannes Oberdanner, Managing Director of Swareflex, added: “We have found a longstanding successful company in Norka, whom we trust, because they share the same values as Swareflex in terms of reliability, customer focus and innovative spirit. This will ensure the customary high quality that is essential for customers and subsequently for road users.”
Swareflex will focus on its core business in the future – the development and marketing of solutions with glass reflectors for traffic safety and individual applications for light control with glass lenses.
In order to serve the market in Austria and neighbouring countries, Norka is planning on establishing a competence centre in Wattens/Tyrol as a wholly owned subsidiary, and will be supported along the way by five highly specialised Swareflex employees.
The next few months will be used to organise the transition of the business, implement the transfer of know-how and fulfil the production engineering requirements in the Norka plant in Dörverden-Hülsen.
