Lagercrantz acquires Exilight Oy
Today Lagercrantz Group has acquired all the shares in the Finnish company Exilight Oy. Exilight develops, manufactures and markets emergency lighting systems, primarily to the building sector. Customers consist primarily of installation companies and wholesalers. The company’s operations are based in Tampere and Helsinki and it generates annual sales of about MEUR 2.7 with good profitability. “Exilight is a company with a strong position in its market niche and thus is well-suited to the Lagercrantz Group. The company will cooperate with our other companies in the group within the