L&S Italia S.p.A.
L&S is a leading player in the production and distribution of lighting solutions and embedded LED systems for residential, industrial, and retail applications. L&S has an international footprint, with a direct presence in key markets for the lighting industry. The Group also has commercial companies and production facilities in Germany, China, and the USA, employing over 450 people and housing 3 state-of-the-art R&D centers. L&S distributes its products in over 70 countries (approximately 75% of revenue generated abroad), and its customers include kitchen and other types of furniture manufacturers, elevator and escalator manufacturers, luxury retailers, shop fitters, and distributors.
The company boasts strong cash generation and a strong competitive position due to the high quality of its products and the high level of customer service provided. Clessidra Private Equity's mission is to create the leader in indoor lighting solutions for residential and retail markets. The sector also presents interesting M&A opportunities as the market is still highly fragmented.
L&S Italia S.p.A.
79.6%
In portfolio | 07/2019
Lighting
