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Fagerhult Signs an Agreement to Acquire Lighting Innovations Based in South Africa

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HABO, Sweden--(BUSINESS WIRE)--Regulatory News: In order to establish the Fagerhult Group (STO:FAG) in the South African market and in the Sub Saharan region, Fagerhult has signed an agreement to acquire the assets of Lighting Innovations based in Port Elisabeth, South Africa, including their subsidiary companies Beacon Lighting and Arrow Lighting. The acquisition is expected to have a positive effect on the earnings per share during 2016 and forward. The three companies have 210 employees and

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