# AB Fagerhult completes acquisition of We-Ef Leuchten

AB Fagerhult completed the acquisition of We-Ef Leuchten GmbH & Co. KG from the founding family for €81 million. The deal was signed on December 23, 2016 and closed in the first quarter of 2017.

- Type: Acquisition
- Announced: 2017-03-08
- Where: Germany
- Value: $86.0M (81.0M EUR)
- Status: completed
- Products: lighting fixtures
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [AB Fagerhult](https://endata.com/companies/22724.md) (acquirer)
- [We-Ef Leuchten GmbH & Co. KG](https://endata.com/companies/22725.md) (target)

## Sources

- [marketscreener.com](https://www.marketscreener.com/quote/stock/FAGERHULT-GROUP-AB-35821343/news/AB-Fagerhult-OM-FAG-completed-the-acquisition-of-We-Ef-Leuchten-Gmbh-Co-KG-from-the-descendants-35170837/), 2017-03-08: "The acquisition is expected to have a positive effect on the earnings per share during 2017 and forward."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.