Fagerhult signs a Letter of Intent to acquire iGuzzini

AB Fagerhult yesterday signed a Letter of Intent with the shareholders of iGuzzini illuminazione S.p.A to acquire 100% of the shares of iGuzzini. Upon finalising the transaction, the Sellers (the Guzzini family through the legal entity Fimag S.p.A and Tipo TIP – PreIPO S.p.A) will receive a significant portion of the consideration in Fagerhult shares with the aim of becoming shareholders of the combined entity.

The addition of iGuzzini will significantly strengthen the Fagerhult Group’s position in the professional lighting market both in terms of the geographic presence and by adding leading complementary product ranges.  
 

• Fagerhult signs a Letter of Intent to acquire iGuzzini_press release
• FIMAG e TIPO firmano una lettera di intenti per la cessione della iGuzzini illuminazione_comunicato stampa