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RCF Group has announced the sale of SGM, its lighting division, to a consortium headed by Danish entrepreneur Peter Johansen. with effect from February 1st 2012.
The new company, SGM A/S, which replaces the former SGM Technology for Lighting spa, will be headquartered in AabyhĂ¸j, near Aarhus, and will concentrate exclusively on developing LED solutions, while continuing to support SGMâ€™s current catalogue of discharge lighting.
For Peter Johansen, the man who originally founded Martin Professional, and who joined SGM in late 2010 as R&D director, the buyout provides the opportunity to spearhead his own company again, dedicated to LED development in the entertainment and architectural segments.
Peter Johansen said â€śI am delighted to be back as an independent operator, as I have always worked better this way.â€ť
However, the two companies will not be making a total split. RCF will continue to represent SGM in Italy, dBTechnologies will distribute their products in Germany. The two companies will also exhibit side by side at Prolight+Sound in Frankfurt.
As the major shareholder in SGM A/S, Peter Johansen is joined by the LED specialists from his Danish R&D team and the existing SGM sales force. In the new set-up, R&D, admin and after-sales will be based in Denmark, with manufacturing plants in Italy, Thailand and China, and warehousing in Holland.
â€śThe reason Iâ€™m so enthusiastic is that having had the opportunity to take over an existing brand name, and been given a free hand to develop it, we remain committed to establishing SGM as one of the absolute leading brands within the industry,â€ť he said. â€śI want us to be seen as the LED company of the future.â€ť
By the time Prolight+Sound opens on March 21st, SGM A/S anticipates having as many as 17 new LED products to showcase.
Soeren Frichs Vej 51-53,
DK – 8230 Aabyhoej,
Tel: +45 7020 7400.
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