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GLP takes over Ehrgeiz

GLP takes over Ehrgeiz
Udo Künzler and Steven Braun

GLP takes over Ehrgeiz

World:

German Light Products (GLP) has announced its takeover of fellow German lighting solutions manufacturer Ehrgeiz as of 1 January 2019. Ehrgeiz will be integrated into GLP and will remain as a brand within the GLP umbrella.

‘Since both companies are located in the same place and are active in the same market, there have always been points of contact,’ revealed Steven Braun, managing director of Ehrgeiz. ‘Ehrgeiz has been successfully developing and marketing products in an increasingly competitive market in recent years. This fact has not escaped GLP and there have been discussions as to how we can combine the strengths of both companies.’

‘I am proud to welcome Steven and his Ehrgeiz team,’ Udo Künzler, CEO of GLP, responded. ‘Ehrgeiz has developed a broad expertise in recent years and knows how to develop innovative products, and this is particularly evident in their outdoor products. The merger will expand GLP's portfolio in areas where we see great potential and will make us even stronger.’



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