Gewiss purchases 75% of TVilight to grow in smart lighting solutions

Gewiss purchases 75 of TVilight to grow in smart lighting

(Finance) – Gewisswhich recently announced an agreement to launch the takeover bid on Beghellicommunicated theacquisition of 75% of TVilighta renowned brand in theintelligent lighting. This move represents a new stage in Gewiss’ growth path, which enriches its portfolio and expands its market presence in Italy and beyond.

“This acquisition – he declared Fabio Bosatelli, President of the Gewiss Group – aligns perfectly with our vision of creating smarter, safer and more sustainable spaces. TVilight’s excellence in intelligent lighting will enrich our portfolio, allowing us to offer even greater value to our customers.”

While maintaining its independence, Tvilight sees the integration with Gewiss as a strategic opportunity to consolidate its international business, we read in a note. Financial stability and resources of the Gewiss Group will provide the necessary support to accelerate TVilight’s strategic developments and expand its commercial reach globally.

(Photo: © Veerasak Piyawatanakul)

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