May 12, 2021 1:02 PM
/ Key word(s): Mergers & Acquisitions/Acquisition
LUQOM GROUP acquires Lampemesteren, the leading online shop for exclusive lamps and premium lighting design in Northern Europe
Berlin, 12 May 2021. LUQOM GROUP, Europe's leading digital platform for lighting fixtures, has acquired the Danish company Lampemesteren A/S, the most successful online shop for exclusive lamps and premium lighting design in Northern Europe. LUQOM GROUP has strengthened its portfolio in the premium design segment and secured a leading position in the attractive Scandinavian market. With this acquisition, the company continues its year-long strong growth track record and is now active in 27 European countries with over 60 online shops.
Since its foundation in 2017, LUQOM GROUP has transformed into one of the leading European digital platforms for lighting fixtures. The company provides more than 500 suppliers with direct access to private (B2C) and commercial (B2B) customers - both through its own online shops and through the most important European online marketplaces. With the acquisition of Lampemesteren, LUQOM GROUP strengthens its portfolio and, together with the online shops Lampenwelt and QLF, covers the entire lighting spectrum - from value to premium design segment online shops, as well as private label brands and renowned design products.
Jochen Wilms, Co-Founder & CEO LUQOM GROUP: "We are delighted to welcome Lampemesteren to the LUQOM GROUP. With its focus on the premium design segment, Lampemesteren perfectly complements our existing online shops in Europe and strengthens our position in Scandinavia. Together with the Lampemesteren team, we will continue our successful growth path. LUQOM GROUP is the perfect platform for this."
Morten Brændgaard, Founder & CEO Lampemesteren A/S: "We will further accelerate our successful growth path on the LUQOM platform. Going forward, we will be able to offer an improved shopping experience to our customers, which includes faster deliveries, better customer service and an expanded curated product portfolio. As CEO of Lampemesteren, I am very excited to continue to actively contribute to this journey as a member of LUQOM GROUP."
About LUQOM GROUP
LUQOM GROUP is the leading digital platform for lighting fixtures in Europe. The company operates across the entire value chain of the lighting industry and provides over 500 suppliers with direct access to private (B2C) and commercial (B2B) customers across 27 countries. LUQOM GROUP combines a supplier and retail partner network with five logistics centres, as well as three online shops and private label brands. Through LUQOM GROUP's online shops and channels customers can choose from more than 50,000 products. LUQOM GROUP targets both consumers (B2C) and professional clients (B2B). The offering for B2B customers also includes services in the areas of marketing, fulfillment and IT. The company employs more than 650 people.
Further information can be found at: www.luqom.com
Lampemesteren is the leading online shop for exclusive lights and premium lighting design in Northern Europe. In 2011, founder & CEO Morten Brændgaard decided to build the electronics business with a 100-year tradition further into an online shop, especially for brands in the premium design segment. Today, the company also operates three showrooms in Denmark to complement its online sales channels.
Further information can be found at: www.lampemesteren.com
Kathrin Meyer (Finsbury Glover Hering)
Phone: +49 160 536 09 65
Christian Falkowski (Finsbury Glover Hering)
Phone: +49 171 867 99 50
12.05.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
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