par Gimv (EBR:GIMB)
Gimv invests in the further growth and internationalization of Lupine Lighting Systems
Press release
Gimv invests in the further growth and internationalization of Lupine Lighting Systems
Gimv Consumer acquires a majority stake in Lupine Lighting Systems, a true “Made in Germany” technology and recognized quality brand leader for premium highperformance portable light solutions for (e-)bike, outdoor and tactical applications. Founder and CEO Wolf D. Koch reinvests in the company and becomes a minority
shareholder alongside Gimv.
Located in Neumarkt, Bavaria, in Germany, Lupine Lighting Systems (www.lupine.de) develops and produces high-performance portable light solutions for (e-)bikes, outdoor and tactical applications, distributing through local dealer networks, importers and a growing D2C channel. The company has always been a pioneer in producing lamps of the highest quality, extending the hours during which people can enjoy outdoor activities. All lamps are “Made in Germany” with a high focus on sustainability thanks to their long lifetime, durable materials and good reparability.
Being a recognized frontrunner and innovator in portable lighting, Lupine is the preferred innovation partner of choice of selected top global bike manufacturers such as Canyon and several outdoor sports champions.
Lupine Lighting Systems is at the heart of Sports & Leisure as one of the focus markets within the Home & Family segment targeted by Gimv Consumer.
Gimv acquires a majority stake of Lupine Lighting Systems, with Wolf D. Koch, founder and CEO, reinvesting part of his proceeds to hold a minority stake in the company. Gimv and Mr. Koch will jointly look for a suitable CEO succession to accelerate the commercial development of Lupine. Upon completion of this search, Mr. Koch will continue to play a key role in the continued technological innovation journey of the company.
Ferdinand Becker and Maximilian von den Hoff, Principals in the Gimv Consumer team, declare: “Lupine is a pioneer of its industry and convinces over decades with quality leadership underpinned by its large customer base. We strongly believe in Lupine’s organic growth opportunities and look forward to the future journey together with Wolf and the entire
Lupine team.”
Wolf D. Koch, Founder and CEO of Lupine Lighting Systems, states: “With Gimv, we start a new growth phase of Lupine. Together with a
new CEO and the entire team, we will bring the unmatched Lupine products to more consumers and more outdoor enthusiasts in
more markets.”
No further details of the transaction are disclosed. This communication is subject to successful closing of this transaction.
Gimv NV - Karel Oomsstraat 37, 2018 Antwerp, Belgium - T +32 3 290 21 00 - www.gimv.com 1
Munich (DE) & Antwerp (BE), December 2nd, 2024, 07:30 CET
Press release
About Gimv
Gimv is a European investment company with over 40 years of experience in private equity and is listed on Euronext Brussels as well as a member of the Euronext BEL ESG Index. Gimv currently has a portfolio of more than EUR 1.7 billion consisting of around 60 portfolio companies, with a combined turnover of EUR 4.0 billion and more than 20,000 employees.
As a recognized market leader in selected investment platforms, Gimv identifies entrepreneurial, innovative companies with high growth potential and supports them in their transformation into market leaders. Gimv's five investment platforms are Consumer, Healthcare, Life Sciences, Smart Industries and Sustainable Cities. Each platform works with an experienced team across Gimv’s home markets of Benelux, France and DACH, supported by an extended international network of experts.
Further information on Gimv can be found on www.gimv.com.
For further information please contact:
Koen Bouckaert
Managing Partner – Head of Consumer koen.bouckaert@gimv.com
+32 3 290 21 31
Gimv NV - Karel Oomsstraat 37, 2018 Antwerp, Belgium - T +32 3 290 21 00 - www.gimv.com 2