Lyco Group has been acquired by efectoLED
The shareholders of Lyco Group Ltd. have sold the business to efectoLED, the leading online lighting distributor in Southern Europe and a portfolio company of Miura Partners.
Lyco Group is a UK-based B2C and B2B multi-channel distributor of lighting products. The company operates four online lighting distribution sites that include both third party and own branded products. In addition, Lyco Group has a B2B channel, serving corporate customers in a variety of sectors, including hospitality, healthcare and education, among others. With this acquisition, efectoLED positions itself as a reference in the UK and strengthens the decorative and offline channels of the group.
efectoLED is one of Europe’s leading online retailers of technical and decorative LED lighting, with a focus on the B2B channel. Founded in 2007 and based in Valencia, Spain, the company markets a wide portfolio of references to more than 500,000 customers, with Spain, France, Italy and Portugal being its main markets. In 2018, Miura Partners took a majority stake in order to accelerate the company’s internationalization plan.
Oaklins Cavendish, based in the UK, advised on the sale of Lyco Group, one of the UK’s leading online distributors of lighting products, to efectoLED.
Managing Director and Founder, Lyco Group Ltd.
Talk to the deal team
HC Partners has successfully raised debt financing for the acquisition of AQ Group
HC Partners, a Netherlands-based private equity firm, has raised debt financing for its acquisition of the HVAC installation business AQ Group. The financing was provided by ING and Aegon Asset Management. The tailored debt package provides the necessary flexibility in accordance with HC Partners’ vision and AQ Group’s foreseen growth trajectory.Learn more
Unica has agreed to acquire the Dutch fire & gas business unit from Dräger
Unica, one of the largest providers of technical services in the Netherlands, has signed an agreement for the acquisition of Dräger's Dutch fire & gas business unit. With this acquisition, Unica strengthens its fire safety portfolio. The acquisition of the specialist in fire and gas detection and fire extinguishing materials results in a deepening and expansion of Unica’s fire safety cluster, a leading player in integrated fire safety solutions with 450 specialists.Learn more
Grothe Bau has been acquired by TERRAS Tiefbau Group
The private shareholder of the civil engineering company Grothe Bau Group has sold a majority stake to the TERRAS Tiefbau Group. With this transaction, the combined group reinforces its market position and future growth potential in the civil engineering sector.Learn more