(Germany) – Occhio GmbH introduce private equity firm EMH Partners as a new partner.
Occhio GmbH has kick-started a new phase of growth with the introduction of Munich and London-based private equity company EMH Partners as a new partner.
EMH will invest growth capital running into the tens of millions, and has acquired a minority share of 44%.
Axel Meise, founder and CEO of Occhio, believes that this new partnership will help elevate the firm to the next level. “We are among the fastest growing companies in the lighting industry, but we are nowhere near having exhausted our potential yet,” he said.
“With EMH Partners, we have gained a strong partner that does not just bring along capital, but also an entrepreneurial mindset, and will actively help us to continue expanding.
“We want to make the unique possibilities of lighting design that Occhio offers accessible to as many people as possible – because quality of light means quality of life.”
EMH Partners is an entrepreneur-led private equity firm that invests in fast-growing SMEs. The company is pursuing a long-term ‘build and scale’ strategy, and assists its portfolio of companies with the internationalisation and digitalisation of the entire value chain.
“We are delighted that we will be able to contribute to writing the next chapters of Occhio’s success story,” said Maximilian Kuss, Managing Partner of EMH Partners.
“With its strong brand, its consistent design concept and innovative lighting and control technology, Occhio is an exceptional case in the lighting industry. We will be assisting in the company’s expansion domestically and abroad, above all with our expertise in digitalisation.”
As part of its new partnership with EMH Partners, Occhio will expand its brand presence, continue increasing sales via selected partners, invest in complementing its product portfolio and continue to digitalise the value chain, while pushing ahead with plans for internationalisation. In the long term, the company aims to generate more than half of the group’s sales outside of Germany.