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London, 13 July 2022. LGT Private Debt is pleased to announce that it has provided debt facilities to support Ambienta SGR S.p.A. (“Ambienta”) and Collingwood Lighting Technology Group (“Collingwood”) in their acquisition of Nobile Italia and with their future growth strategy.
Founded in 1901 and headquartered in Sywell, Northamptonshire (UK), Collingwood is a pioneer in the area of LED lighting. The company was one of the first in the UK to supply a range of purpose-built LED lighting products for the UK electrical wholesale market. Throughout its long history, Collingwood has built a strong brand and reputation for high product quality, reliability, strong design and enhanced product features, whilst providing industry-leading technical support and service to its clients.
Colin Wright, Partner at LGT Private Debt, commented: “Collingwood is a market leader with an excellent management team. We are delighted to support Ambienta and the team on their transformation into a leading pan-European LED luminaires provider and to contribute to the sustainability benefit from continued LED substitution of legacy lighting technologies.”
Matthew Norrington, at Ambienta, said: “We are pleased to team up with a lender engaged with our vision for the future of Collingwood. The acquisition of Nobile, a leading player in the Italian commercial and residential lighting and well known for innovative products, is a significant milestone in the development of the group.”