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XAL restructures Wever & Ducré

8 November 2011 16.00 GMT


(Belgium) - The Austrian lighting manufacturer XAL has acquired the most important assets of its Belgium competitor Wever & Ducré.

Despite previous media reports, it has become clear that XAL did not take over any assets other than Wever & Ducre's intellectual rights (trademarks and design), a Belgian core team for sales, product management and logistics and an Asian production company.

XAL plans to restructure the Wever & Ducré product range by rapidly adopting its latest LED technology and to distribute the new Wever & Ducré product range via its worldwide sales network. The headquarters of Wever & Ducré will stay in Roeselare in Belgium.

Andreas Hierzer, owner of XAL, is happy with the deal: “There is a huge potential of synergies between XAL and Wever & Ducré. We hired great people, got good products, and can pursue our strategy of growth.”

 

 

Better days - Wever & Ducré's Arzy, the recipient of a Red Dot Design Award 2010.

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