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CAREL acquires a stake in Arianna
01/10/2012
CAREL acquires a stake in Arianna
On 10 September 2012, Carel spa, the Carel Group holding company that controls Carel Industries S.p.a., acquired a stake in Arianna spa.
This investment is in line with Carel's objective to supply energy saving and environmental sustainability solutions.
Arianna is a young Italian company specialising in the design and manufacture of LED street lighting, based on patented optical principles. "The main purpose of outdoor LED lighting design is to develop products with high energy efficiency and low environmental impact", explained Arianna's CEO and founder, Alberto G. Gerli. "Our patented lights effectively illuminate streets and roads, directing the light emissions through a high efficiency and glare-free deflector, with the LEDs being fully concealed from view. All while guaranteeing energy savings of up to 65% compared traditional lighting".
Arianna plans to use the injection of new capital by Carel spa to invest in new technological projects to improve public lighting, which in Italy consumes almost 6 billion watts and costs one and a half billion euros a year in both energy and maintenance.
At the same time, Carel further confirms its commitment to energy saving: "LED lighting brings added value to the achievement of energy saving objectives", stated Francesco Nalini, the Group's Managing Director. "Our stake in Arianna is therefore coherent with our mission, focused on proposing the most effective solutions for concretely reducing environmental impact", Nalini concluded.
