on Gimv (EBR:GIMB)
Gimv Acquires Majority Stake in Lupine Lighting Systems
Gimv Consumer announced its acquisition of a majority stake in Lupine Lighting Systems, a leading German brand specializing in high-performance portable lighting solutions for e-bikes, outdoor, and tactical uses. The acquisition aims to fuel Lupine's growth and international presence. Founder and CEO, Wolf D. Koch, reinvests to hold a minority stake alongside Gimv, continuing his role in the company's technological innovation.
Lupine Lighting Systems, located in Bavaria, Germany, has a reputation for quality and sustainability. Its products are favored by major global bike manufacturers like Canyon and benefit from a robust distribution network. The partnership with Gimv will seek a new CEO to further develop commercial strategies.
Ferdinand Becker and Maximilian von den Hoff from Gimv Consumer express confidence in Lupine's growth potential, emphasizing their commitment to continued collaboration with the Lupine team. Financial details of the transaction remain undisclosed, pending successful closure.
R. H.
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