Published: 6/15/2026 6:27:17 AM
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Lightning Group has signed an agreement to acquire all shares in the lighting company Aura Light. The acquisition is expected to more than quadruple the group's revenue and broaden its offering in professional lighting for commercial and public environments.Aura Light had sales of approximately SEK 280 million in 2025 and reported a negative operating result of approximately SEK 17 million. During January–May this year, sales amounted to approximately SEK 135 million, with an operating result of approximately SEK 4.5 million."We are pleased to be able to complete the acquisition of Aura Light. The company has a strong brand and a clear position in the market and complements Lightning Group's existing operations well through a broader customer base and a more complete product portfolio," says Lightning Group CEO Robert Larsson in a comment.He continues. "The development at the start of 2026 is positive and gives us a stable foundation to build on. Our ambition is to create a stronger and more profitable group through improved margins and efficiency in both purchasing, product structure and sales. The acquisition enables an entirely different scale for the group, and the rights issue aims to ensure a stable financial foundation to carry out the planned measures and realize synergies in the coming years."The purchase price amounts to SEK 1. In addition, performance-based earn-outs corresponding to 60 percent of Aura Light's consolidated EBITDA will be added over three twelve-month periods up to June 2029. Lightning Group will also inject an unconditional shareholder contribution of SEK 20 million into Aura Light at closing.To finance the acquisition, Lightning Group intends to carry out a rights issue of approximately SEK 22.7 million. The issue is fully secured through subscription commitments of approximately SEK 17.6 million and guarantee commitments of approximately SEK 5.1 million from existing major owners and CEO Robert Larsson. The subscription price will be set with a 20 percent discount to the volume-weighted average price during a ten-day period before the issue decision, with a floor of SEK 0.50 per share.The last day of trading in the share including the right to receive subscription rights is August 3. The subscription period runs from August 7 to August 21. The outcome of the rights issue is expected to be announced around August 24. The subscription price will be presented on July 28. Closing is expected to take place no later than August 31, subject to customary regulatory approvals. The company has at the same time moved forward the publication of its interim report for the second quarter to August 3.
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