Starlight Group, an holding company owned by Star Capital, has acquired Ivela from the De Zorzi family that will continue to manage the company and has reinvested in the project. This transaction is part of a broader project aiming at aggregating SMEs active in the lighting sector started by Star Capital in May 2021 with the acquisition of Elcom.
Founded in 1986 and based in Liscate, Ivela operates through two brands: Ialux, aimed at the production, marketing and sale of lighting products in the high-end cruise ship sector, and Aria, dedicated to architectural lighting products for the retail, hospitality and residential sectors. In 2020 Ivela achieved revenues of over €20m, of which approximately 50% abroad. DVRCAPITAL acted as advisor to the buyer | December 2021
M&A AdvisoryDecember 2021