Flos buys New York-based Lukas Lighting in US contract sector push

Jan 12, 2016 428

Giovanna Mancini

Brescia-based Flos, one of the world's most famous brands in design and architectural lighting, has acquired New York firm Lukas Lighting, which specializes in custom projects, as it moves to expand its contract business in North America, said Flos CEO Piero Gandini.

The deal affirms Flos' international development strategy based both on internal growth and on acquisitions to expand the range of products and services offered. The strategy is longstanding, but was given another nudge forward by an investment in the company by private equity Investindustrial, which acquired 80% of Flos' capital in September 2014.

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Fonte: Italy24

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