HELLA Group has sold its innovative LED outdoor and industrial lighting business to Wünsche Group
In the course of a portfolio optimization in the Special Applications segment, HELLA KGaA Hueck & Co. (“HELLA”), one of the world’s leading automotive suppliers for lighting and electronics, has sold its LED airport lighting and LED outdoor and industrial lighting (“Industries”) activities almost simultaneously to two different strategic acquirers.
HELLA’s leading pure-play LED airfield lighting activities have been acquired by the TKH Group, an internationally active technology company offering innovative telecom, building and industrial solutions. With this acquisition, the TKH Group wants to further add to and expand the airport technologies focus with innovative core technologies within its building solutions.
The owner-managed Wünsche Group has acquired HELLA’s Industries segment comprising innovative LED lighting solutions for outdoor, industrial and indoor lighting applications. The product portfolio is based on a highly modular approach featuring a unique plug-and-play design allowing easy installation, maintenance and replacement. Through the acquisition of the Industries activities, the Wünsche Group aims to broaden its offering in the areas of electronics/lighting and to further complement and expand its own portfolio under the LUNUX (formerly HELLUX) brand.
“We are delighted to have found with the Wünsche Group as well as the Dutch TKH Group two strategic investors that can comprehensively tap the potential present in both business areas,” said CEO Dr. Rolf Breidenbach.
Lincoln International acted as the exclusive financial advisor to HELLA and supported HELLA in all aspects of the transactions including the process preparation, due diligence and contract negotiations. The approach of an international buyer universe was a focal point of the transactions. Lincoln International’s integrated Technology Group regularly advises on industrial technology transactions and has now successfully completed 12 transactions in the LED-related space globally.
Meet our Senior Team
View More Transactions
Lincoln International is pleased to have advised Kinly and its majority shareholder Avedon Capital Partners, on the acquisition of Alcuin Capital Partners backed AVMI, the UK's leading provider of corporate Audio-Visual solutions
Lincoln International is pleased to have advised Gibson Holdings Inc on the intended disposal of its 54.65% shareholding in Tokyo Stock Exchange listed TEAC Corporation to Global Acoustic Partners LLC through a public tender offer by Global Acoustic Partners LLC
Lincoln International is pleased to announce that management and BPE have acquired Dätwyler Sealing Technologies, a leading manufacturer of rubber-based extruded solutions in the constructions, tunnelling and track superstructure segments
Lincoln International is pleased to announce that FMG Suite, LLC, a portfolio company of K1 Investment Management, LLC, has been acquired by Aurora Capital Partners