It thus strengthens its market presence in smart lighting solutions
GEWISS is pleased to announce the acquisition of 75% of TVILIGHT, a renowned brand in the smart lighting sector. This move represents a new stage in GEWISS’ growth path, which enriches its portfolio and expands its market presence in Italy and beyond.
With this acquisition, GEWISS aims to enhance TVILIGHT’s experience by offering integrated solutions that combine lighting with advanced smart city control systems. The synergy between the two companies will drive innovation, improve customer experience, and strengthen competitive position in the global marketplace.
“This acquisition,” said Fabio Bosatelli, President of the GEWISS Group, “aligns perfectly with our vision of creating smarter, safer and more sustainable spaces. TVILIGHT’s excellence in the field of smart lighting will enrich our portfolio, allowing us to offer even greater value to our customers. Together, we will shape the future of smart solutions.”
“We are proud to welcome TVILIGHT to our family. Their specialist expertise complements our strengths and paves the way for exciting new opportunities for innovation and growth. The sharing of expertise, resources and a common commitment to excellence will ensure a smooth transition for customers and partners, bringing significant progress to the market,” added Paolo Cervini, CEO of GEWISS.
While maintaining its independence, TVILIGHT sees integration with GEWISS as a strategic opportunity to consolidate its international business. The financial stability and resources of the GEWISS Group will provide the necessary support to accelerate TVILIGHT’s strategic developments and expand its commercial reach globally.
“Joining GEWISS is a natural step on our path to overcome recent challenges and realise our full potential. Their global reach, technological capabilities, and leadership in automation and lighting solutions provide the ideal platform to strengthen our operations and deliver greater value to our customers and stakeholders. We are excited to embark on this new chapter together,” explained Chintan Shah, President, and Heide Jeuken, CEO of TVILIGHT.