Viabizzuno changes hands with the sale of 100% of the shares to Clessidra private equity by the European group 21 Invest
The primary operator in the Italian private equity market hourglass has signed an agreement for the acquisition of 100% of the control of Viabizzuno we design light, other Italian excellence in lighting production for homes, museums, shops and gardens. The Bolognese company also has a consolidated position abroad, with thirty light laboratories in over 50 countries.
The acquisition took place through the European group 21 Invest, founded and led by Alessandro Benetton which had acquired the Bolognese lighting company in 2011. “Since then, according to the press release, he has supported the company’s development path, directing its growth and internationalization process and taking care of its managerial transition, with the arrival in May 2017 of the current CEO Corrado Colli “.
“With the acquisition of Viabizzuno, he commented Andrea Ottaviano, managing director of Clessidra Private Equity SGR, we consolidate our presence in the lighting sector, a sector characterized by significant growth prospects also linked to an ever greater attention to sustainability and energy saving “. The fund’s goal is support the company’s “ambitious” development plans, both in the heavily manned geographies (Europe) and in those with the greatest potential (USA, Asia).