National Biz News

All Business Stories for You!

News

Remsons Industries acquires 51% stake in UK-based BEE Lighting

Mumbai, October 22, 2024: Remsons Holding Ltd, a wholly owned subsidiary of Remsons Industries Limited, a leading provider of control cables, gear shifters, sensors and winches, has acquired a 51% equity stake in BEE Lighting, a renowned name in automotive lighting design, development and manufacturing. This strategic acquisition represents a significant milestone in Remsons’ plan to diversify its product portfolio by entering the automotive lighting market and adding BEE’s expanding customer portfolio of prestigious marques in the Luxury/Super/Hyper-Car & EV marketplace.

Remsons Industries acquires majority stake in BEE Lighting

Rahul Kejriwal, Executive Director of Remsons, expressing enthusiasm about the expanded capabilities said, “We are thrilled to welcome BEE Lighting into the Remsons family. This acquisition not only enhances our product offering but also allows us to enter the lighting market with the significant expertise and innovation that BEE brings. It’s an exciting step forward in delivering more comprehensive solutions to our customers.”

Founded in 2006, BEE Lighting is renowned for its specialisation in automotive headlamps, rear lamps and other external and internal lighting solutions. With a strong focus on innovation including LED and ADB (Adaptive Driving Beam) systems, BEE has built a loyal customer base and has achieved notable success in the automotive industry. The partnership will enhance Remsons’ portfolio with BEE’s advanced design and technology, including the UK’s most advanced light laboratory certified to provide Global Homologation approvals, and will offer a much broader range of solutions for customer needs.

Paul Crees and Colin Fulford, founders of BEE Lighting stated, “We are extremely proud of what we have built at BEE with the team and are excited about our future with Remsons. This partnership will allow us to reach new customers across the globe and further enhance our product innovation.”

With this acquisition, Remsons will now provide automotive lighting solutions from design to manufacturing, enabling customers to enjoy a broader range of high-quality offerings. The acquisition is expected to deliver immediate benefits in product development, market reach and customer satisfaction.

LEAVE A RESPONSE

Your email address will not be published. Required fields are marked *