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Nordeon rescues Hess

23 August 2013 16.30 BST

(Germany) - Nordeon Group takes over all assets of Hess AG as site in Villingen-Schwenningen is strengthened.

The Nordeon Group has rescued troubled outdoor lighting manufacturer, Hess, by acquiringing all its assets including its factory at Villingen-Schwenningen in Germany, its sales company in Stockholm, Sweden, and its production site and sales in Gaffney, USA.

Nordeon, who manufacture luminaires for indoor and outdoor use, was founded in October of 2012 as part of the purchase of Philips’ development and production site for professional lighting in Springe, Germany. Soon after the group was extended through the acquisition of the Philips site specialised in the production of fluorescent lamps located in Chalon, France. In March this year Vulkan GmbH was acquired, which formerly belonged to the Hess group. Nordeon’s site in Springe is considered as Europe’s biggest manufacturing plant for the production of professional LED-luminaires.

Pierre van Lamsweerde, CEO of the Nordeon group, stated: “The product line of both companies is completely different. Thus, the companies do not compete against each other, but complement each other in an excellent way and they can benefit from one another considerably. We can now offer our customers a very broad range of services – everything ‘made in Europe’. Furthermore, our customers can expect a maximum quality, reliability, flexibility and ability to supply. We want to introduce the strengths of Nordeon and Hess, bundle them and combine them to a strong whole.”

The market for technical-functionally and premium design-oriented outdoor lighting will be served by the companies Hess and Vulkan. “We want to return Hess together with Vulkan to its former strength. Hess will remain as site and as highly esteemed brand for creatively attractive luminaires of high quality”, adds Lamsweerde.

Andreas R. Budde, Managing Director of Hess, commented: “With Nordeon, we have a strategic partner at our side that ensures the long-term perspective and hence maintains jobs at Hess.”


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