|Italian lighting company SGM Technology for Lighting spa has been sold by the RCF Group to a consortium headed by Danish entrepreneur Peter Johansen, with effect from February 1st 2012. Relocated to Denmark, the new company, SGM A/S, which replaces the former SGM, is headquartered in Aabyhøj, near Aarhus, and will concentrate exclusively on developing LED solutions, while continuing to support SGM’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. For RCF Group, by divesting themselves of the lighting interest they purchased in April 2009, the company can focus on its core audio brand, and build on the start to a year that has already seen sales grow by nearly 50% on the equivalent period last year.
Peter Johansen said the decision was entirely amicable and suits both parties: “I am delighted to be back as an independent operator, as I have always worked better this way.."
However, the two companies will not be making a total split. RCF will continue to represent SGM in Italy while their sister company, dBTechnologies will distribute their products in Germany. The two companies also exhibited side by side at Prolight+Sound 2012 in Frankfurt, with SGM launching 19 new LED products.
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.
“The reason I’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,” he said. “I want us to be seen as the LED company of the future.”