In December 2018, EMZ joined forces with the managers of Vignal Lighting Group to acquire the stake in Eurazeo PME.
Vignal Lighting Group is specialized in designing, manufacturing and marketing of lighting and signalling products and systems for industrial and commercial vehicles.
The acquisition and integration of ABL Lights (2014) and CEA (2016) have supported the group to offer a comprehensive and complementary product ranges on diversified end-markets (trucks, construction, mining, handling, agriculture) and geographies (Europe, Americas, Asia) both in OEM and aftermarket segments.
More recently, Vignal has established a new site in China to follow its historical customers and develop the Asian market, the largest in the world. The group’s turnover has more than doubled in recent years, rising from €47m in 2013 to €115m in 2018. The transaction structured by EMZ enables the team of Directors (in particular Jean-Louis Coutin, Fabrice Jahan and Emmanuel Magat), at the origin of the Group’s success, to massively invest in the capital.