GEWISS is pleased to announce the acquisition of 75% of TVILIGHT, a renowned brand in the smart street lighting sector. This strategic move marks a significant milestone in GEWISS’s growth journey, enhancing its portfolio and expanding its market presence across Italy and beyond.
With this acquisition, GEWISS aims to leverage TVILIGHT’s extensive expertise to offer integrated solutions that combine lighting with advanced professional smart city lighting control solution. The synergy between the two companies will drive innovation, improve customer experience, and strengthen their competitive position in the global market.
“This acquisition”, said Fabio Bosatelli, President of GEWISS Group, “aligns perfectly with our vision of creating smarter, safer, and more sustainable spaces. TVILIGHT’s excellence in smart lighting will enrich our portfolio and enable us to deliver even greater value to our customers. Together, we will shape the future of smart solutions”.
“We are proud to welcome TVILIGHT into our family. Their specialized expertise complements our strengths and opens the door to exciting opportunities for innovation and growth. Our combined resources and shared commitment to excellence will ensure a seamless transition for customers and partners, while driving significant advancements in the market,” added Paolo CERVINI, CEO of GEWISS Group.
While TVILIGHT will maintain its independence, the integration with GEWISS is a strategic opportunity to strengthen its international business and support its global partner network in deploying smart street lighting across entire cities. The financial stability and resources of the GEWISS Group will provide the necessary support to accelerate TVILIGHT’s strategic developments and expand its commercial reach globally.
“Joining GEWISS is a natural step in our journey. Their global reach, technological capabilities, and leadership in automation provide the perfect platform to strengthen our operations and deliver greater value to our customers and partners worldwide. We are excited to embark on this new chapter together,” explained Chintan Shah, Chairman and Heide Jeuken, CEO of TVILIGHT.
