Ardian, a private equity firm based in Paris, has agreed to purchase SLV, a maker of residential and commercial lighting fixtures, for an undisclosed amount from Cinven Group Ltd.

Headquartered in Übach-Palenberg, Germany, SLV manufactures home and technical lighting products for indoor and outdoor use. As part of the deal, SLV will focus on digitalization opportunities, new online sales channels, and international expansion. The target’s founder and private equity firm HgCapital sold the company to Cinven in May 2011.

Subscribe Now

Complete access to real-time information and analysis of news and trends in the industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.