To strategically strengthen and consolidate the Fagerhult Group’s position in the professional lighting market as well as adding a unique range of complementary products, Fagerhult has signed an agreement to acquire 100% of the shares of Veko Lightsystems International B.V., (Veko), a company based in Schagen, the Netherlands. The acquisition is expected to have a positive effect on the earnings per share during 2018 and forward.


Veko designs and manufactures linear LED lighting solutions, LED modules and luminaires with integrated or stand-alone lighting controls primarily for the light industrial segment. Typical application areas include warehouses and distribution centres where we see an increased activity due to e-commerce, plus data-centres, workshops and sports facilities. The company has successfully established a strong sales presence in the Netherlands, Germany, Belgium and the UK.  


“Veko has high efficacy linear LED lighting solutions with industry leading performance, as well as a design, manufacturing and installation process that makes the specification of a complex system as simple as possible. The company has delivered very strong financial performance in recent years built upon a strong client base in the Netherlands with success in regional export markets. I am very pleased that Menno Veldboer and Hans Aardenburg will continue to lead the company and build on the strong platform that they and the Veko team have built. With the addition of Veko to our Group we believe we can accelerate Veko’s export growth strategy by leveraging the Fagerhult Group distribution network, initiating new application areas, eg; retail and education as well as capturing significant procurement synergies”, comments Johan Hjertonsson CEO Fagerhult Group.


“The fact that Fagerhult wants to preserve the identity and culture of Veko, so basically nothing changes for our employees and customers, was one of the main reasons for us to make this decision. We think Fagerhult will strengthen our position further and will help us to reach our goal to become market leader in warehouse lighting in Europe.”, says Menno Veldboer, Entrepreneur and Owner Veko.


About Fagerhult

Fagerhult is one of Europe’s leading lighting groups with approximately 3,300 employees and operations in over 24 countries. We create modern products and exciting, energy-efficient and environmentally-adapted lighting installations, successfully integrated into their individual environments. The Group includes such strong brands as Fagerhult, Ateljé Lyktan, LTS, Whitecroft, Designplan, I-Valo, Arlight, Eagle Lighting, Lighting Innovations, LED Linear and WE-EF. AB Fagerhult is listed on the Nasdaq OMX Nordic Exchange in Stockholm. More information:



lightbuilding 2018 advert

From 18 to 23 March more than 2,600 exhibitors will be presenting their innovatieve product in the fields of lighting during the Light + Building in frankfurt. Veko Lightsystems is off course present. You can find us in hall 4.2, stand D91. During the fair you can see our latest products, like our retailluminaire. Further, we would like to tell you more about the possibilities of our Light Management System and at our stand we are demonstrating Einstone (made by Osram) an indoor positioning system which works with beacons. We look forward to meeting you in Frankfurt.


More information about the Light + Building.


Sport has a positive effect on health. It increases concentration, relieves stress and improves one’s condition. “We want to stimulate our employees to look after themselves, this is why we introduced Veko Fit”, explains Hans Aardenburg (CEO). Veko Fit is a vitality programme which all employees can take part in without any obligations. Veko aims to reduce absenteeism, increase productivity and make a contribution to a positive work environment. “You can get a free baseline measurement in one of the gyms associated with the scheme. Apart from doing fitness & group lessons, you can also play squash or tennis. An additional advantage is that it increases collegiality, for what is more fun than trying to beat a colleague in a game of tennis?” Since the introduction, the first Veko Fitters have registered.

YellowDot phone v3

Veko luminaires are certified for integration with YellowDot. Veko is one of the seven manufacturers worldwide that have been approved for the YellowDot programme, an indoor positioning programme developed by Signify. With YellowDot, you get more out of your lighting. YellowDot offers smart applications, in particular for retail and distribution centres, such as updating stock management immediately or sending out personalized offers. Read more about YellowDot.


To reduce our emissions and to compensate for the CO2 we have produced, no fewer than 400 solar panels have been installed on the roof of our building at Witte Paal 38, producing a total of 100 kVA. That is a huge reduction, both in emissions and in our energy bill!