Gimv Consumer acquires a majority stake in Lupine Lighting Systems, a true “Made in Germany” technology and recognized quality brand leader for premium high-performance portable light solutions for (e-)bike, outdoor and tactical applications. Founder and CEO Wolf D. Koch reinvests in the company and becomes a minority shareholder alongside Gimv.

Located in Neumarkt, Bavaria, in Germany, Lupine Lighting Systems (www.lupine.de) develops and produces high-performance portable light solutions for (e-)bikes,  outdoor and tactical applications, distributing through local dealer networks, importers and a growing D2C channel. The company has always been a pioneer in producing lamps of the highest quality, extending the hours during which people can enjoy outdoor activities. All lamps are “Made in Germany” with a high focus on sustainability thanks to their long lifetime, durable materials and good reparability.

Being a recognized frontrunner and innovator in portable lighting, Lupine is the preferred innovation partner of choice of selected top global bike manufacturers such as Canyon and several outdoor sports champions.

Lupine Lighting Systems is at the heart of Sports & Leisure as one of the focus markets within the Home & Family segment targeted by Gimv Consumer.

Gimv acquires a majority stake of Lupine Lighting Systems, with Wolf D. Koch, founder and CEO, reinvesting part of his proceeds to hold a minority stake in the company. Gimv and Mr. Koch will jointly look for a suitable CEO succession to accelerate the commercial development of Lupine. Upon completion of this search, Mr. Koch will continue to play a key role in the continued technological innovation journey of the company.

Ferdinand Becker and Maximilian von den Hoff, Principals in the Gimv Consumer team, declare: “Lupine is a pioneer of its industry and convinces over decades with quality leadership underpinned by its large customer base. We strongly believe in Lupine’s organic growth opportunities and look forward to the future journey together with Wolf and the entire Lupine team.”

Wolf D. Koch, Founder and CEO of Lupine Lighting Systems, states: “With Gimv, we start a new growth phase of Lupine. Together with a new CEO and the entire team, we will bring the unmatched Lupine products to more consumers and more outdoor enthusiasts in more markets.”

No further details of the transaction are disclosed. This communication is subject to successful closing of this transaction.