S-UBG AG has successfully facilitated a leadership transition at LUMINO Licht Elektronik GmbH, ensuring its continued growth and expansion in the public transportation technology sector.

Information on the Target

LUMINO Licht Elektronik GmbH, based in Krefeld, is renowned for developing and manufacturing dynamic passenger information systems tailored for public transportation. Under new leadership, the company aims to enhance its market position and expand into neighboring countries. A leadership transition became crucial as the former executives, Mario Fullert and Rolf Aengenendt, announced their retirement from management by the end of 2024. The founder, Karl Ronkholz, also intended to step back as the majority shareholder, thereby necessitating a strategic realignment of ownership and management.

Industry Overview in Germany

The public transportation sector in Germany is undergoing significant transformations, driven by technological advancements and increasing urbanization. Demand for efficient and reliable passenger information systems has surged, with municipalities and transport companies seeking modern solutions to improve service delivery. As a result, businesses that specialize in developing tech-based communication solutions are positioned favorably within this evolving market.

Moreover, Germany’s commitment to sustainable transport solutions further incentivizes innovation in this area. Investments in intelligent transportation systems are viewed as essential components of a r