Lupine Expands: Strategic Investment by Gimv in German Lighting Pioneer
Deal News | Dec 02, 2024 | Eagle Venture Partners OOO
Gimv Consumer, a segment of the private equity firm Gimv, has acquired a majority stake in Lupine Lighting Systems, a leading German brand known for its high-performance portable lighting solutions. The company, rooted in Neumarkt, Bavaria, specializes in products for (e-)bikes, outdoor, and tactical applications. Founder and CEO Wolf D. Koch will remain with the company, reinvesting to become a minority shareholder. This strategic move is aimed at accelerating Lupine's growth and international reach. Gimv views this acquisition as an opportunity to bolster Lupine's organic growth, with plans to appoint a new CEO to steer the company's commercial development while continuing its legacy of innovation. Known for its emphasis on sustainable and quality German-manufactured lighting, Lupine is recognized for its collaboration with top global bike manufacturers and engagement with outdoor sports. The partnership will not only maintain but also enhance Lupine's industry-leading status, expanding its influence in the outdoor and sports markets. The deal is pending successful closing, with no further transaction details disclosed.
Sectors
- Consumer Electronics
- Private Equity
- Sports & Leisure
Geography
- Germany – Lupine Lighting Systems is based in Neumarkt, Bavaria, Germany.
- Europe – Gimv is based in Europe, and the transaction exemplifies cross-border investment within European markets.
Industry
- Consumer Electronics – Lupine Lighting Systems is involved in the development and production of high-performance portable lighting solutions, which classifies it under Consumer Electronics.
- Private Equity – This sector is relevant due to Gimv's investment activities, acquiring a majority stake in Lupine Lighting Systems.
- Sports & Leisure – Lupine's focus on outdoor and tactical applications positions it within the Sports & Leisure industry.
Financials
- Not disclosed – The financial details of Gimv's acquisition of a majority stake in Lupine Lighting Systems have not been disclosed.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Lupine Lighting Systems | Target Company | Company | A German-based company known for its high-performance portable lighting solutions. |
| Gimv | Bidding Company/Buyer | Private Equity Firm | A private equity firm that has acquired a majority stake in Lupine Lighting Systems. |
| Wolf D. Koch | Minority Shareholder | Person | Founder and CEO of Lupine Lighting Systems, he reinvests to become a minority shareholder post-acquisition. |
| Eagle Venture Partners OOO | Source | Company | The private equity firm mentioned as the source of information. |
| Ferdinand Becker | Principal | Person | Principal at Gimv Consumer team involved in the transaction. |
| Maximilian von den Hoff | Principal | Person | Principal at Gimv Consumer team involved in the transaction. |