Afinum investment LEDLENSER acquires Ledco Ltd.

Munich — The LEDLENSER Group has acqui­red all shares in Ledco Ltd, Sunninghill, Berkshire (UK), as part of the entre­pre­neu­rial succes­sion. Ledco was foun­ded in 2004 and exclu­si­vely distri­bu­tes LEDLENSER products in Great Britain, Ireland and Nort­hern Ireland. Former owner Jon Kemp will initi­ally remain with the company to ensure a smooth hando­ver. In the COVID-19 year, Ledco’s busi­ness, like LEDLENSER’s busi­ness model, again proved to be extre­mely robust and perfor­med very well.

With the acqui­si­tion of Ledco, LEDLENSER is consis­t­ently pursuing the further opti­miza­tion of its value-enhan­cing distri­bu­tion stra­tegy. Follo­wing the successful estab­lish­ment of its own sales subsi­dia­ries in North America and Denmark, the acqui­si­tion of Ledco means that the company is now also swit­ching to direct sales in the UK. In the coming years, sales in England, Scot­land, Wales, Ireland and Nort­hern Ireland are to be syste­ma­ti­cally expan­ded further in order to streng­then the presence in these important markets for LEDLENSER and to conti­nuously expand the reve­nue and earnings contri­bu­tion to the Group.

After the Group was alre­ady able to increase its over­all perfor­mance with a high single-digit growth rate in the crisis year 2020, LEDLENSER star­ted the new year 2021 with signi­fi­cant double-digit reve­nue growth compared to the same period of the previous year. LEDLENSER’s successful deve­lo­p­ment can be attri­bu­ted to the consis­tent imple­men­ta­tion of stra­te­gic initia­ti­ves since Afinum’s entry. The topic of product inno­va­tion also plays a major role here. As a result, more new products were laun­ched in 2020 than ever before in the company’s history. The e‑commerce share is also conti­nuously incre­asing due to invest­ments in tech­no­logy, online marke­ting and the team. Purcha­sing and produc­tion opti­miza­tion at our own plant in China are also alre­ady making a signi­fi­cant contri­bu­tion to earnings and ensu­ring product avai­la­bi­lity and supply capa­bi­lity in these chal­len­ging times.

LEDLENSER Group is a plat­form invest­ment of AFINUM Achte Betei­li­gungs­ge­sell­schaft mbH & Co. KG, which was acqui­red by the Ameri­can Leather­man Tool Group in a carve-out at the end of 2018. LEDLENSER is one of the world’s leading manu­fac­tu­r­ers of high-quality LED flash­lights and head­lamps for deman­ding profes­sio­nal users and outdoor enthu­si­asts. The company, head­quar­te­red in Solin­gen, Germany, was foun­ded in 1993 and is conside­red the inven­tor of the LED flashlight.

About Afinum
Afinum Manage­ment GmbH is an inde­pen­dent invest­ment company owned by the manage­ment with offices in Munich, Zurich and Hong Kong, which specia­li­zes in invest­ments in successful medium-sized compa­nies in German-spea­king Europe.