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P+P advises the management of the lighting manufacturers SLV on sale to the French investor Ardian
P+P advised the mangement of the lighting manufacturers SLV on the sale by funds advised by the British investor Cinven to the French private equity company Ardian.
SLV is a provider of residential and technical lighting and is headquartered in Übach-Palenberg near Aachen in Nordrhein-Westfalen. The company was founded in 1979, has approximately 400 employees and recently generated a turnover of EUR 177 m.
Cinven acquired SLV in 2011 from its founders and the British financial investor HgCapital.
The transaction is still subject to approval by the relevant antitrust authorities.
P+P Pöllath + Partners advised the management of SLV on the transaction with the following Munich-based team:
- Dr. Benedikt Hohaus (partner, M&A/private equity, lead)
- Dr. Barbara Koch-Schulte (partner, tax)
- Dr. Tim Kaufhold (counsel, M&A)
