19 Jul 2022

Collingwood Lighting has acquired Nobile Italia Spa

Collingwood Lighting Technology Group (“Collingwood“) is the UK market leader in the design, manufacture, and distribution of LED lighting in residential, commercial and industrial settings.

Based in Sywell, Northamptonshire (UK) Collingwood was among the first in the UK to create a range of LED lighting products designed specifically for the electrical distribution market.

Founded in 1901, in its long history Collingwood has built a solid reputation for the high quality, reliability, design and technical performance of its products.

Since February 2021, Collingwood has been a portfolio company of Ambienta SGR, which manages the world’s largest fund with an environmental sustainability strategy and has completed fifty investments across Europe.

Nobile Italia Spa, based in Rome, is among Italy’s leading manufacturers of indoor and outdoor LED fixtures. It is a family business, led by the second generation of the Nobile family who founded the company over 40 years ago and led it to development in the Italian and international markets.

Cavour Corporate Finance, as part of a partnership with Ambienta SGR, assisted, together with Industry Expert Gherardo Flaccomio, Ambienta/Collingwood Lighting in the acquisition of Nobile Italia Spa, with partial reinvestment by the Nobile Family and DG in the vehicle that controls Collingwood Lighting.

This is the second transaction in a few months that Cavour has closed with Ambienta Fund portfolio company, following the acquisition of FIAS by Nactarome in November 2021.

Cavour is particularly pleased to have worked alongside Ambienta Private Equity, a forerunner and European leader in ESG investments, and Collingwood Lighting management.

This transaction, and a couple more deals being finalized by the end of the year, reinforce Cavour’s strategy of working on projects of aggregation between companies and market consolidation, especially alongside Private Equity focused on such transactions (so-called add-ons).

It should also be noted that the Collingwood Lighting deal is the fourth transaction in the Lighting sector in the past 10 years that Cavour has been involved as advisor, following the sale of Nemo Cassina to the Omikron Group, the acquisition of ViaBizzuno by the 21 Investimenti fund, and the acquisition of Unilux by the Slovak OMS Lighting group.