Mirplay has expanded its market presence by acquiring Carpyen, a renowned Barcelona-based design lighting brand, enhancing its portfolio in the interior design sector.
Information on the Target
Founded in 1948, Carpyen is a renowned Barcelona-based brand specializing in high-quality design lighting fixtures. Their product line encompasses various types of lighting, including ceiling lamps, table lamps, floor lamps, wall sconces, and outdoor lighting options. Carpyen's commitment to quality has made it a staple in high-end stores and custom projects across multiple countries, with a significant presence in Europe and North America.
This acquisition by Mirplay represents a strategic combination of strengths, fostering growth for both brands in both national and international markets. The expertise of Carpyen in the field of design lighting enhances Mirplay's portfolio and allows for broader engagement in the interior design sector.
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Industry Overview in the Target’s Specific Country
Spain's design lighting industry has experienced steady growth in recent years, driven by an increasing demand for innovative and sustainable lighting
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Mirplay
invested in
Carpyen
in 2023
in a Buy & Build / Roll-Up deal