Luqom Group
- Sector Consumer & Private Label
- Year invested 2017
- Location Germany
- Status Current
Luqom Group is the #1 vertically-integrated online retailer of lighting products in Europe. It is headquartered in Germany, from where it distributes own-brand and third party products to customers all over Europe through 34 country-specific online shops.
Visit luqom.com
Overview
Luqom Group differentiates itself from its competitors through an extensive range of 50,000 products, broad and differentiated product assortment, in-depth product knowledge, excellent customer service and high product availability. Luqom has grown strongly in the DACH region as well as internationally, through a steady roll-out across European countries in recent years.
How we add value
Through our Business Leaders Network, we appointed Jochen Wilms, a seasoned expert in both the building supply and online industries, as Chair. We have also supported the business to further strengthen its position in Germany and penetrate existing and new international markets.
To support the company's international growth, we enabled the acquisition of Netherlands-based QLF / Lampenlicht, the leading player in the Benelux region in 2019, as well as Lampemesteren, the leading online retailer for premium lighting products in the Nordics, in 2021.
Finally, we introduced the operational Venture Capital fund Project A Ventures as a minority investor to further improve the company's best-in-class digital capabilities.
We are proud to be part of the 3i portfolio as they share our passion for lighting and smart home innovations. 3i has been a great partner in our ambitious buy & build strategy to increase international market presence by providing us with valuable operational expertise as well as a highly professional network. Moreover, with their profound knowledge, especially in private label strategy, branding and operations, 3i strongly supports us to continue to grow efficiently in the future.
Regulatory information
This transaction involved a recommendation of 3i Investments plc, advised by 3i Germany.