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Schréder Acquires 49% Stake in Photinus
Mergers and AcquisitionsSchréderPhotinusStreet LightingEnergySolar Energy
Published on March 20, 2024
Schréder, a leading independent provider of smart outdoor lighting solutions, acquired a 49% stake in Photinus, a solar lighting specialist with projects in Austria, Germany, Switzerland, Italy, the Netherlands, Poland, Norway, and the Middle East. This partnership merges Schréder’s expertise in smart outdoor lighting with Photinus’s experience in self-sufficient solar systems, addressing the increasing demand for sustainable lighting across both remote and urban environments.
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