DLA Piper advises on the sale of Belid Lighting to Accent Equity

Belid Lighting AB was established 1969 and is one of Scandinavia’s leading manufacturers of lighting for the industry and home sectors as well as the “contract market". From its head office in Varberg, Sweden, the family Herstal has, throughout the recent years, consolidated the “Belid” and “Herstal” brands under the new brand, Belid Lighting. 

Its partnership with Accent Equity is supporting Belid Lighting’s continued growth strategy. Says CEO and co-owner, Martin Herstal:

”In order for us to create further opportunities and better results for our customers, this is the right time to get a professional partner like Accent with us on this journey.”

The current management in Belid Lighting AB will continue after the transaction, and the family Herstal will also continue to hold 25% of the shares in Belid Lighting.

The family Herstal was advised by a DLA Piper team made up of Karsten Pedersen, Søren Egeberg and Sara Schjørring.

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Accent Equity Partners