The two companies, leaders in the lighting sector, will create a €60 million worth hub
Nemo Lighting, operating in high-end, decorative and architectural lighting, owned by Federico Palazzari completed the acquisition of a majority stake in Reggiani Illuminazione, historic company in the lighting architectural field founded in Brianza in 1957.
The acquisition contributes to Nemo’s vision of creating an Italian-led industrial lighting hub, which began in 2020 with the investiment in Ilti Luce, now Nemo Studio. “The first objective of this acquisition, to me, is to bring new competencies within the group, train and attract talents” – explains Palazzari. “Reggiani’s top-level technical skills and positioning will allow the group to create important synergies also at a commercial level, expanding the offer, but above all opportunities.”
The Reggiani family will remain involved in the management of the company and will support Palazzari, who will assume the position of managing director of the group. A group that today is larger and more solid also from an economic point of view, with a consolidated target of around 60 million euros in 2023, three production plants, four offices abroad and almost 300 employees worldwide.
“From a commercial point of view, the two companies – Nemo and Reggiani – will continue to operate as separate entities, maintaining the respective partnerships, the resulting cooperation and synergies at the production level will strengthen the global competitive positioning” – adds Matteo Reggiani – “making us able to answer to the increasingly broad and sophisticated market needs, with a structured commercial presence in Italy, France, the United Kingdom, the United States, China and the Middle East and a distribution network that covers more than 80 countries”.
NEMO Lighting is an Italian decorative and architectural lighting company founded in Milan in 1993 and since 2012 owned by Federico Palazzari. Firmly rooted in the most innovative Italian and international design ever, NEMO launched The Masters: a unique selection of lamps designed by 20th century masters such as Le Corbusier, Charlotte Perriand, Vico Magistretti and Franco Albini. While pursuing its commitment to the contemporary with architects and designers such as Mario Bellini, Jean Nouvel, Andrea Branzi, Rudy Ricciotti, Bernhard Osann and Arihiro Miyake. NEMO Lighting has a distribution network in more than 50 countries, with showrooms in Milan, Paris and Copenhagen.
Established in 1957, Reggiani is now an International benchmark in the lighting industry, a community of lighting experts that provides its customers with cutting-edge technological solutions with an open, collaborative and problem-solving approach. The constant development of innovative products and the expertise gained in over 60 years of activity in the field has outlined an increasingly open exchange with the world of lighting designers and architects, with whom Reggiani has established a relationship funded on sharing ideas and best practices and to whom Reggiani provides solutions and support to meet any creative requirement. Reggiani has a widespread distribution in 80 Countries worldwide and its offices in Italy, UK, China, France and Russia cover an area of 110,000 m2, including areas used for production, offices, showrooms and warehouses.