Remsons Industries acquires 51% stake in BEE Lighting
The acquisition to expands product range into the automotive lighting segment, beyond its current portfolio of control cables, gear shifters, sensors, and winches
Date: October 24, 2024See Details >
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The acquisition to expands product range into the automotive lighting segment, beyond its current portfolio of control cables, gear shifters, sensors, and winches
Date: October 24, 2024Mumbai- Remsons Holding Ltd., a subsidiary of Remsons Industries Limited., a provider of control cables, gear shifters, sensors and winches, has acquired a 51% equity stake in BEE Lighting, a automotive lighting design and manufacturing company. 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.
Mr. Rahul Kejriwal, Executive Director of Remsons, 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.
Mr. Paul Crees and Colin Fulford, founders of BEE Lighting said, “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.
About Remsons Industries Ltd.
Remsons Industries Ltd., a 50-year leader in automotive OEM components, serves India and global markets. With facilities in India and the UK, it specializes in control cables, gear shifters, and more. Recognized as a Great Place to Work and a top mid-size workplace, Remsons is committed to innovation and value creation for its stakeholders.
About BEE Lighting Ltd.
UK-based BEE Lighting Ltd. incorporated in January 2006 is renowned for its specialization in automotive headlamps, rear lamps and other external and internal lighting solutions. It has strong focus on innovation including LED and ADB (Adaptive Driving Beam) systems. BEE has expanding customer portfolio of prestigious marques in the Luxury/Super/HyperCar & EV marketplace.
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