SLV Lighting Group acquires Novalux

15. April 2019

Novalux has been a significant presence in the lighting market since 1948. Based in Bologna, the company specialises in the production and distribution of architectural lighting for internal and external applications. Novalux addresses mainly commercial demand, including banks, schools, shops, offices, malls, public areas and restaurants.

SLV Lighting Group is a leading provider of residential and commercial lighting products for indoor and outdoor use. Founded in 1979 and based in Germany, SLV (the principal entity of the Group) is one of the fastest-growing and most successful providers of lighting products in Europe. SLV Lighting Group consists of five brands operating through subsidiaries or associated companies in Germany, France, Italy, Belgium, the Netherlands, Switzerland, the Czech Republic, Slovenia, Norway, Portugal, Denmark, China, the UK and Russia.

With the acquisition of Novalux, SLV Lighting Group reinforces its presence in the Italian market with a strong brand. For Novalux, it is an opportunity to join a powerful Group and to expand its business in Europe. In Italy, SLV and Novalux will be operating in the market as two separate brands and entities, each with its own unique proposition.

The management teams of both SLV and Novalux support this acquisition fully and will work to drive the combined business forward.