Accent Equity acquires majority stake in Belid Lighting
The investment fund Accent Equity 2017 has acquired a majority stake in Belid Lighting AB by entering into an agreement with the Herstal-family, with the intention to assisting the company in its next growth phase. The Herstal-family will retain a significant ownership in the company going forward.
Belid Lighting is a Nordic designer and manufacturer of light fixtures, known through the brands Belid and Herstal. The company’s net sales in 2017/2018 amounted to approximately SEK 222 million.
Accent Equity was advised by Mannheimer Swartling in the transaction.
