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Designplan acquired by Fagerhult

11 March 2011 14.30 GMT


(UK) - Designplan Lighting has been acquired by the Fagerhult Group of Sweden. The UK company will operate as an independent business within the Fagerhult Group with the same management team and continuing under the Designplan brand from their Sutton base in Surrey.

The Fagerhult Group is one of Europe’s leading lighting companies with annual sales of £250m employing 1,900 people.
 
“Our strategy is to build on our position as one of the top three lighting systems manufacturers in Europe through profitable growth. With this acquisition we will further strengthen our position in the important UK market,” says Paul Barton, Fagerhult’s Group Regional Director. “Designplan is a significant UK manufacturer with a leadership position in its field.  Its specialist products and capabilities are a perfect fit to Fagerhult's existing portfolio and will also allow us to expand Designplan sales Internationally.”
 
Designplan Lighting was a private family business owned by David and Michael Cumper. It has sales of approx £11m, employs 180 people, has a healthy profit and a well established position in its sector.

“The decision to pass ownership to the Fagerhult Group was an emotional one after 48 years of family ownership, and not easy, however the obvious business case for the good of Designplan going forward ultimately made the decision a very simple one. Both Michael and I are confident that the future for Designplan and for its employees is now assured and is very positive,” says David Cumper.
 
“As a member of the Fagerhult Group this allows us to continue to invest and strengthen our market position,” says Paul Williamson, Designplan’s Managing Director. He adds: “Fagerhult is one of the Europe’s leading lighting companies and this is a tremendous opportunity for Designplan to build its International presence as well as further growth in the UK. We will continue to build on our brand and market position for transportation infrastructure, exterior applications and secure environments, such as prisons and police stations.”

www.designplan.com

 

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