Ardian will acquire lighting fixture provider SLV from Cinven.
On October 28, Willkie client Ardian announced its agreement with Cinven to acquire SLV, a provider of lighting fixtures for residential and commercial space.
Founded more than 35 years ago and headquartered in Übach-Palenberg, Germany, SLV has experienced significant growth over the past decades and became a leading provider of lighting fixtures in its core markets. With the support of Ardian, SLV intends to continuously innovate its diversified product portfolio, strengthen its market-leading position in Germany, further develop its international footprint and exploit opportunities related to digitalization and online sales channels.
Ardian is an independent private investment company with $60 billion in assets managed or advised in Europe, North America and Asia. Cinven is an international private equity firm focused on building world-class European and global companies.
The Willkie deal team was led by partners Mario Schmidt and Jan Wilms and included partners Patrick Meiisel, Susanne Zuehlke and Eduardo Fernandez; national partners Christian Rolf, Axel Wahl, Bettina Bokeloh, Verena Etzel and Didier Willermain; UK partners Mark Fine and Sebastian Fitzgerald; Delfino e Associati partner Vincenza Altieri; and associates Johannes Eckhardt, Daniel Zakrzewski, Andreas Knödler, Christina Mann, Martin Waskowski, Lukas Nein, Tim Bulian, Laura Pfirrmann, Christopher Clerihew, Nicolas Wolski, Georges Balit, Camille Rezette, Philipp Heuser and Diego Lambrecht.