Hess GmbH Licht + Form: Strategic investor Nordeon takes over Hess
(firmenpresse) - (DGAP-Media / 23.08.2013 / 11:30)
Hess GmbH: Strategic investor Nordeon takes over Hess
- Nordeon takes over business operations of Hess by way of an asset deal
- Hess survives as strong and prestigious brand
- Site in Villingen-Schwenningen is strengthened
Villingen-Schwenningen, 23rd August, 2013. Nordeon takes over all assets
necessary for the continuation of business operations of Hess AG at the
site in Villingen-Schwenningen by way of an asset deal effective 1st
October, 2013. The sales company of Hess located in Stockholm (Sweden) as
well as the production site and sales of Hess in Gaffney (USA) are also
being taken over. The working relationships of about 180 Hess employees in
total are being continued.
Nordeon and Hess are successfully positioned companies in their respective
market segments. With its product line, Nordeon concentrates strongly on
the development and production of luminaires for indoor and outdoor use.
Nordeon's site in Springe is considered as Europe's biggest manufacturing
plant for the production of professional LED-luminaires. Hess mainly
focusses on the development and production of decorative and
design-oriented outdoor luminaires.
'The product line of both companies is completely different. Thus, the
companies do not compete against each other, but complement each other in
an excellent way and they can benefit from one another considerably. We can
now offer our customers a very broad range of services - everything 'made
in Europe'. Furthermore, our customers can expect a maximum quality,
reliability, flexibility and ability to supply', explains Pierre van
Lamsweerde, CEO of the Nordeon group, and adds: 'We want to introduce the
strengths of Nordeon and Hess, bundle them and combine them to a strong
whole'.
The market for technical-functionally and premium design-oriented outdoor
lighting will be served by the companies Hess and Vulkan. 'We want to
return Hess together with Vulkan to its former strength. Hess will remain
as site and as highly esteemed brand for creatively attractive luminaires
of high quality', adds Lamsweerde.
The Nordeon group consistently continues its growth strategy focused on
Europe, which started in October of 2012, by taking over Hess. This
acquisition will reinforce the whole group of companies and with that every
single site sustainably. 'In future, we will invest with foresight and with
sound judgement', continues Pierre van Lamsweerde. Andreas R. Budde,
Managing Director of Hess, is pleased about the entry of Nordeon not only
because of this statement: 'With Nordeon, we have a strategic partner at
our side that ensures the long-term perspective and hence maintains jobs at
Hess'.
The Nordeon group includes about 600 employees after the acquisition. It is
produced at 4 sites in Germany, France and the USA.
To Nordeon:
Nordeon is a new innovative manufacturer of light. However, it can rely on
decades of experience in the field of developing lamps and luminaires.
Nordeon was founded in October of 2012 as part of the purchase of Philips'
development and production site for professional lighting in Springe,
Germany. As early as two months afterwards, in October of 2012, the NORDEON
group was extended through the acquisition of the Philips site specialised
in the production of fluorescent lamps located in Chalon, France. Finally,
in March of 2013, Vulkan GmbH was acquired, which formerly belonged to the
Hess group. NORDEON meanwhile has over 400 highly skilled and ambitious
employees.
Owner of the NORDEON goup is VAROVA, a Dutch-based investment company
focussing on the long-term perspective and sustainability.
To Hess:
Hess offers a wide range of design-oriented luminaires and meets all
requirements for lighting design in the public space as well as for the
indoor and outdoor illumination of objects. The product portfolio is
completed by premium street and site furnishings. Hess offers hereby a
perfect combination of luminaires and street and site furnishings for
holistic concepts of urban and landscape design.
Hess invests a great deal in the development of energy-efficient lighting
products. When it comes to redesign and renovation of lighting, Hess is the
right contact partner for cities and municipalities. Hess accompanies
architects, planners, cities and builders from the design to the
installation of luminaires and develops customised special solutions. Due
to the special and distinctive design language and the already mentioned
special solutions, Hess is considered in the market as a manufacture for
high-quality and decorative outdoor lighting.
About 180 people are employed at the production sites in
Villingen-Schwenningen and Gaffney (USA).
Contact:
Hess GmbH Licht+Form
Marco Walz
Communications
Lantwattenstraße 22
D - 78050 Villingen-Schwenningen
Tel.: +49 (0) 7721 920-475
Fax : +49 (0) 7721 920-771475
EMAIL: marco.walz(at)hess.eu
www.hess.eu
End of Media Release
---------------------------------------------------------------------
Issuer: Hess GmbH Licht + Form
Key word(s): Industry
23.08.2013 Dissemination of a Press Release, transmitted by DGAP - a
company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
---------------------------------------------------------------------
227201 23.08.2013
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Datum: 23.08.2013 - 11:30 Uhr
Sprache: Deutsch
News-ID 290387
Anzahl Zeichen: 5399
contact information:
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 246 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Hess GmbH Licht + Form: Strategic investor Nordeon takes over Hess"
steht unter der journalistisch-redaktionellen Verantwortung von
Hess GmbH Licht + Form (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
