Procuritas MBO Invest Consortium has divested AURA Industrier to DuroLite International, enhancing AURA's growth potential in the professional lighting market.

Information on the Target

AURA Industrier, previously known as Lumalampan, is an ISO-certified manufacturer located in Karlskrona, Sweden, specializing in patented long life fluorescent lamps. Established in 1930, the company has shifted its focus exclusively to serving the professional market, providing specialized fluorescent lighting solutions. In 1997, AURA reported sales amounting to SEK 163 million (approximately $24 million USD) predominantly to the European market, supported by its own sales force across numerous countries including Sweden, Norway, Finland, Holland, Germany, and Poland, while also utilizing independent distributors to reach other European nations.

Industry Overview in Sweden

The lighting industry in Sweden has evolved rapidly over the years, driven by advancements in technology and an increasing demand for energy-efficient solutions. The market is characterized by a strong emphasis on sustainability and innovation, with a growing consumer preference for eco-friendly products. As European regulations become more stringent regarding energy consumption and waste management, manufacturers are adapting by investing in research and development to create sustainable lighting options.

In recent years, the rise of LED technology has transformed the lighting landscape, offering more efficient alternatives to traditional fluorescent lamps. Despite this shift, there remains a significant market for specialized fluore