The Finnish LED luminaries manufacturer Greenlux Finland received a new shareholder last week as the German based LVS-Capital Gmbh acquired a major share of the company. The total investment made by LVS-Capital was EUR 1,5 million.
The capital investment will further boost Greenlux’s internationalization, and the company will benefit from LVS-Capital’s know-how and contacts. The share acquisition will also ease the financial burden for the shareholding Greenlux employees and private investors.
LVS -Capital’s involvement in Greenlux is a continuation of the company’s successful internationalization strategy. During the summer, Greenlux built two new assembly lines that guarantee the quality and delivery capability of big international orders as well as delivered the largest individual orders in the company’s history.
Read more at www.greenlux.fi