Nordeon-Group invests in the growth market architectural lighting
Eindhoven (NL) / Castel Goffredo (IT), 3rd March 2015
The Nordeon-Group, a leading European lighting company, and parent of Hess, has further strengthened its comprehensive offering to the market through the strategic acquisition of Italian based Griven. Griven specializes in architectural lighting solutions, and is very complementary to the Hess product portfolio with 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 organization 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, 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, 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", say 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 product range of proven quality, high reliability, and fully weatherproofed lighting fixtures, in combination with its in-depth knowledge of designing and programming lighting solutions, have placed it at the forefront of architectural lighting. Griven has always taken a pioneering role in the area of lighting technology, applying LED technologies as early as 2001.
Terry O'Toole, Managing Director of HessAmerica, sees great potential for the America market through the new business: "There is a high demand in the domestic market from our point of view. We are very happy to offer our clients a broader range of solutions for the architectural lighting segment, enabling us to satisfy this demand entirely."
Pierre van Lamsweerde, CEO of the Nordeon-Group: "I am 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."
About the Nordeon-Group
The Nordeon-Group is comprised of medium-sized, agile manufacturing and innovation facilities, which operate in close proximity to their specific markets. The Group's aim is to pool and utilize the experience and capabilities of the individual companies, in order to offer customers maximum benefit, optimum service, and performance.
The Nordeon-Group is young, innovative, and one of Europe's leading lighting companies. Young yet experienced. The exterior lighting specialists from Hess in Villingen (Germany) and Gaffney (South Carolina/USA), as well as Vulkan in Springe (Germany) belong to the Nordeon Group. Nordeon, with locations in Springe (Germany), Chalon sur Saone, and Dijon (both France), specializes in industrial interior lighting. Together, the companies have more than a hundred years of experience in the development and production of luminaires. Products "made in Europe and the USA" ensure high flexibility, quality, and customer proximity.
Nordeon combines the determination and ambition of a newcomer with over one hundred years of experience in the lighting industry. On a daily basis, around 700 highly qualified and ambitious employees work judiciously to meet customer demands.
Please find further information regarding Griven on the website: www.griven.com
Tel.: +1 864-487-3535-ext 229
Fax: +1 864-487-3175
Tel.: +49 7721-920-475
Fax: +49 7721-920-771-475
Follow us on Twitter: @NordeonGroup
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