June 2022 – efectoLED acquires Lyco Group.
efectoLED is one of Europe’s leading online retailers of technical and decorative LED lighting, with a focus on the B2B channel. Founded in 2007 and based in Valencia, the company markets a wide portfolio of references to 500.000+ customers, with Spain, France, Italy and Portugal being its main markets. In 2018 Miura Partners took a majority stake in order to accelerate the Company’s internationalisation plan.
Lyco Group is a UK based B2C and B2B multi-channel distributor of lighting products. The Company operates four online lighting distribution sites that include both third party and own branded products. In addition, Lyco Group has a B2B channel, serving corporate customers in a variety of sectors including hospitality, healthcare and education, among others. With this acquisition, efectoLED positions itself as a reference in the UK and strengthens the decorative and offline channels of the group.
SOCIOS, which originated the opportunity for efectoLED/Miura, has advised both on all aspects of the execution, negotiation and closing of the transaction.
