Galaed Group Acquires PROLED Group

Galaed Group Acquires PROLED Group

Galaed Group, a major player in the LED lighting industry in Europe, is pleased to announce today the acquisition of PROLED Group

Galaed Group, a major player in the LED lighting industry in Europe, is pleased to announce today the acquisition of PROLED Group, a leading player in the LED lighting industry in Germany, Belgium, and Austria,from Perusa Partners Fund II L.P. (“Perusa”) and PROLED’s founders.

This strategic move strengthens Galaed’s position in the European B2B lighting markets and enables it to achieve a consolidated turnover of €140 million. Galaed Group, present in France and UK where it operates renowned brands such as Miidex Lighting, Electra, Europole, Hoplights, and Aurora Lighting, sees the acquisition of PROLED Group as an opportunity to expand its presence and continue its expansion strategy across Europe. PROLED Group operates in Germany, Belgium and Austria with brands such as PROLED, Uni-Bright, and mawa, thus complementing Galaed Group’s geographical footprint and product portfolio in its key markets.

Sébastien Bonneville, President of Galaed, stated, “This acquisition marks a significant step in our development strategy in the European lighting markets. We are confident that the combined expertise of Galaed and PROLED will enable us to offer even more innovative solutions tailored to the needs of our customers, while also opening doors to new markets.”

Nicolas Lozowski, Investment Director at B & Capital, which has been supporting the group since 2020, said, “We are proud to support Galaed in this strategic step and are convinced that this acquisition will further strengthen its position in the European LED lighting markets.”

Patrick Slechten, CEO of PROLED Group, also commented on the acquisition, stating, “Integration into the Galaed Group opens up new perspectives for PROLED and reinforces our commitment to innovation and product quality.”

PROLED Group will continue to operate under its brands (PROLED, Uni-Bright and mawa) within the Galaed Group. This integration will strengthen the production capabilities, research and development, as well as the commercial presence of both entities in the European LED lighting markets

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Aurora Lighting UK Limited offer you the opportunity to register for a 3 year on-site* warranty on our Commercial products. All our products are carefully tested and are subject to the rigorous checks by the Quality Assurance Team.

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Aurora Lighting UK Limited offer you the opportunity to register for a 3 year on-site* warranty on our selected Commercial & Industrial luminaires. All our products are carefully tested and are subject to the rigorous checks by the Quality Assurance Team. Within the applicable Warranty period or 3 year on-site* warranty, Aurora will replace, repair or rectify products, which are deemed to be defective because of a material or manufacturing fault, subject the following Terms & Conditions:

Three Year ‘On-Site’ Warranty

•  All Commercial range products (as per our latest catalogue) that hold a 5-yearstandard warranty (excluding the Cosmos LITE Range)

•  The 3-year on-site warranty is applicable to products purchased from 1st June 2023, subject to the conditions outlined below.

•  Applies only to new products from the date of purchase from an Aurora Lighting UK Limited authorised wholesaler. Goods must be registered within 3 months of purchase date.

•  The warranty applies to goods purchased in the United Kingdom only.

•  The on-site warranty is not available to products that were purchased second hand, at an auction, or any other means.

•  The 3 year ‘on-site’ warranty applies in addition to the Terms and Conditions of our standard product warranty.

•  This policy includes replacement product and on-site charges for Aurora Lighting UK Limited approved technicians, or authorised agents that relate to faulty Aurora Lighting UK Limited products which have been installed for their intended purpose.

•  Aurora Lighting UK Limited shall only be liable for repair costs carried out by Aurora Lighting UK Limited approved technicians or authorised agents. Aurora Lighting UK Limited must receive a quotation and agree upon the amount on the quote before any replacement works commence. Any unauthorised costs or invoices will not be accepted by Aurora Lighting UK Limited.

•  This 3 year ‘on-site’ warranty is non-transferrable and is only applicable to the registered warranty holder.

•  On making an on-site warranty claim, these documents are required:

o   a. proof of purchase.
o   b. proof of registration number.
o   c. electrical installation certificate, as per BS 7671;
o   d. electrical installation condition report, as per BS 7671;

 

The below are the 3 Year ‘On-Site’ Warranty exclusions.


•  Faults caused by the installer through installation errors including, but not limited to, connection to an incorrect or unstable power supply.

•  Responsibility if replacement of goods provides “mismatch” due to discontinuation of previous product.

•  Non-compliance with installation and safety regulations given in the installation instructions and BS 7671

•  If the product has not been installed by a qualified electrician if applicable by law or regulation or as instructed by Aurora Lighting UK Limited

•  Inappropriate use or intentional damage by the owner or third parties.

•  Repairs carried out by parties other than an Aurora Lighting UK Limited authorised representative.

•  Cost of access equipment for replacement or repair.

•  External influences (e.g., weather, transit damage).

•  Accidental damage.

•  Emergency lighting batteries.

•  Exceeding the product’s usage limitations.

•  Cost of disruption to company operating.

•  Delivery issues of product or its accessories.

Each claim will be reviewed accordingly and all final decisions on Warranty claims are made by Aurora Lighting UK Limited.