Frankfurt / Übach-Palenberg, October 28, 2016.
Ardian, the independent private investmentcompany, today announces that it has signed an agreement with Cinven to acquire SLV, a provider of lighting fixtures for the residential and commercial space.
The parties have agreed not to disclose details of the transaction.The completion of the transaction is
subject to the approval of the responsible antitrust authorities.
Founded more than 35 years ago and headquartered in Übach-Palenberg Germany, SLV has
experienced significant growth over the past decades and became a leading provider of lighting fixtures
in its core markets. With its assets-light business model, SLV offers its customers a diversified and innovation-
driven product offering from functional towards decorative lighting fixtures for indoor and outdoor use with
immediate availability of its products. Cinven acquired SLV in May 2011 from its founder and HgCapital
and strengthened SLV’s management team with the appointment of a new CEO, Robert Fellner-Feldegg, in
February 2014 and the appointment of Jens Aertgeerts as new CSO. With the support of Ardian as an
international and financially strong partner, SLV intends to continuously innovate its diversified productportfolio, strengthen its market leading position in Germany, further develop its international footprint and
exploit the opportunities of digitalization and online sales channels. The company’s growth is aimed to be
realized both organically as well as through selected acquisition opportunities in its fragmented market.