NEW PARTNERSHIP WITH WÄSTBERG
Wever & Ducré is pleased about the strategic partnership that its parent company the XAL Group is entering into with the Swedish lighting company Wästberg. The XAL Group has become the sole minority shareholder of Wästberg with this step.
Wästberg, founded in 2008 by Magnus Wästberg, works with some of the world's leading architects and designers, including David Chipperfield, Ilse Crawford, Sam Hecht and Kim Colin of Industrial Facility, Inge Sempé, Oki Sato, Jasper Morrison, and John Pawson. The group's investment into Wästberg bolsters the product portfolio to include high-end designer luminaires. For Wästberg, the group's investment is a strong vote of confidence as an independent, design-oriented lighting company. More importantly, the partnership signals a step-change in Wästberg's development and gives the brand immediate access to the R&D, production, and distribution resources of one of the world's top technical lighting manufacturers.
Magnus Wästberg remains CEO and majority shareholder. The company and the brand retain their independence. Wästberg's headquarters remains in Sweden. Synergies will be optimally tapped. The group's sales team will represent the Wästberg brand worldwide.
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SCANDINAVIAN LIGHTING BY WÄSTBERG
Working closely with leading architects and designers, Wästberg aims to hone well-being through good lighting. Wästberg creates technologically inspired, economically viable, and environmentally conscious lighting. Lighting that responds to basic physical and emotional human needs and adapts to those needs as they evolve and change.