- Market leader in high-quality design lighting brings new investor on board
- Growth capital running well into the tens of millions
- Increased investments in brand presence, sales and marketing, and digitalisation
- Expansion of international business, especially in Switzerland, Benelux, Scandinavia and Southern Europe
Munich, 24 April 2017. Occhio GmbH, the German market leader in high-quality design lighting, kicks off a new phase of growth 18 years after its founding. In order to continue the company’s dynamic development in the years to come, Occhio founder Axel Meise has brought on board – for the first time – an entrepreneurial and financially strong partner in the form of the Munich and London-based private equity company EMH Partners. By means of a capital increase EMH Partners invests growth capital running well into the tens of millions and has thus acquired a minority share of 44 per cent. Axel and Susann Meise remain the majority shareholders in Occhio GmbH.
“We are among the fastest-growing companies in the lighting industry, but we are nowhere near having exhausted our potential yet,” says company founder and CEO Axel Meise. “With EMH Partners, we have gained a strong partner that does not just bring along capital, but also an entrepreneurial mindset, and will actively help us to continue expanding. We want to make the unique possibilities of lighting design that Occhio offers accessible to as many people as possible – because quality of light means quality of life.”