Fagerhult Group

What Fagerhult Group does

Fagerhult Group AB (publ.) is a Sweden-based, Nasdaq Stockholm-listed (ticker: FAG) lighting company founded in 1945 in rural Västergötland and headquartered in Habo. The group is one of Europe's leading professional lighting players, operating 13 brands organised into four business areas — Collection, Premium, Professional, and Infrastructure — and employing approximately 4,100 people across 27 countries. Its portfolio spans indoor commercial, industrial, residential, and outdoor public-space lighting, with a stated focus on human-centric lighting, energy efficiency, and circular product design.

The group's core offering combines LED-based luminaire hardware with connected lighting controls. The smart lighting platform — including Organic Response sensor-based control and Capelon's open IoT platform (acquired August 2025) — enables adaptive, energy-efficient lighting for indoor and outdoor environments. Recent capability additions include the Trato TLV Group (acquired July 2025, Lille, France), which adds healthcare/medical equipment adjacency within the Professional business area. The company is also pursuing ISO 27001 certification for its Organic Response smart lighting offering, formalising information security credentials for connected deployments.

Fagerhult operates a B2B specification-led go-to-market, working with architects, designers, engineers, and partners to embed its brands into professional projects. Pricing is project-based and contracted through multi-year specifications rather than published rate cards. Revenue is generated primarily through hardware sales of professional luminaires, with growing exposure to smart/connected lighting systems. FY2024 revenue was SEK 8,305 million; Q4 2025 delivered SEK 2,040–2,077 million in net sales (1.8% YoY growth), SEK 196 million in operating profit (up 37.1%), and a 10.4% EBITA margin (up from 7.8%). The group flagged a Q1 2026 profit warning in April 2026 citing a subdued construction sector and uncertain macro environment.

Name

Fagerhult Group

Legal name

Fagerhult Group AB (publ.)

Website

https://www.fagerhultgroup.com/sv

Company type

Public

Founded year

1945

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Fagerhult Group is a Swedish-listed professional lighting company operating 13 brands across four business areas and 27 countries, serving commercial, industrial, municipal, and residential customers with LED luminaires and smart, IoT-enabled connected lighting solutions via specification-based B2B sales.

Ownership category

akta.pro rank

Product category

Professional Lighting Solutions

NAICS

Commercial, Industrial, and Institutional Electric Lighting Fixture Manufacturing (335132), Electric Lighting Equipment Manufacturing (3351)

SIC

Electric Lighting & Wiring Equipment (3640)

akta.pro primary industry

Industrial & Commercial Luminaires (High-bay, Low-bay, Troffers, Downlights) (IMAGAIAA)

akta.pro secondary industries

Specialty & Task/Workstation Lighting (Inspection/task lights, cleanroom/food-grade, portable work lights) (IMAGAIAK), Street Lighting & Area Lighting Electrical Infrastructure (IMAFAHAJ)

Keywords

• Professional lighting solutions
• LED luminaires
• Smart outdoor lighting
• Human-centric lighting
• IoT lighting platforms

Headquarters

HQ city

Håbo

HQ country

Sweden

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Professional Lighting Solutions: Fagerhult Group generates revenue through the sale of high-quality professional lighting luminaires and solutions across its 13 brands organized into four business areas. The company serves professional environments including commercial, industrial, and infrastructure applications.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels5 records

Core offering

Fagerhult Group manufactures and supplies professional lighting luminaires and solutions for indoor, outdoor, commercial, industrial, residential, and infrastructure environments across approximately 27 countries, operating through 13 brands in four business areas (Collection, Premium, Professional, Infrastructure). The portfolio includes conventional LED luminaires, human-centric lighting, and smart/connected lighting systems using IoT platforms such as Organic Response and Capelon.

Product overview

Fagerhult Group is one of Europe's leading lighting companies with approximately 4,100 employees in 27 countries and a turnover of 8,305 Mkr for 2024. The company operates as a multi-brand organization comprising 13 brands organized into four business areas: Collection, Premium, Professional, and Infrastructure. The product portfolio consists of high-quality professional lighting solutions for almost all applications, from indoor to outdoor, residential to industrial. A key strategic focus is smart and connected lighting, which the company delivers through its Smart Lighting Platform and through the acquired Capelon technology (open IoT platform for smart outdoor lighting). The company works primarily through specification with partners and emphasizes energy efficiency, human-centric lighting that adapts to the body's natural rhythm, and sustainability with circular and climate-positive product development. Recent acquisitions include Trato TLV Group (France, July 2025) in the Professional segment and Capelon (Sweden, August 2025) for smart outdoor lighting capabilities.

Differentiator

Problem solved

Functional benefit

Brands

• Collection (Business Area): Professional lighting solutions including brands such as Fagerhult, iGuzzini, Arlight and other collection brands
• Premium (Business Area)
• Professional (Business Area)
• Infrastructure (Business Area)
• Capelon

Products and services

• Smart Outdoor Lighting Connected lighting solutions for outdoor environments including city streets, public spaces, and infrastructure, using IoT platforms and smart control systems to enable energy-efficient and adaptive lighting.
• Organic Response Smart Lighting Control Sensor-based smart lighting control system technology used in Fagerhult Group's intelligent lighting solutions, enabling connected and energy-efficient lighting through sensor-based response systems. ISO 27001 certification in progress.
• Smart Lighting Platform Research-driven lighting solutions platform covering human-centric lighting (indoor lighting that adapts to the body's natural rhythm), outdoor lighting (beauty and safety), and connectivity (intelligent, connected technology).

Quantifiable outcome

• Can reduce energy consumption by up to 90% with smart lighting solutions
• +1 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Two partnerships are on record, tiered core.

• CapeloncoreStrategic or Co-development Partner · 4 July 2025Fagerhult Group completed the acquisition of Capelon, the market leader in smart outdoor lighting in Sweden. Capelon's open IoT platform strengthens the Group's offering in connected and energy-efficient lighting solutions. This acquisition accelerates Fagerhult's smart lighting capabilities internationally.
• Trato TLV GroupcoreStrategic or Co-development Partner · 2 July 2025Fagerhult Group completed the acquisition of 100% of shares in Trato SAS, including subsidiaries Trato Industries SAS, TLV SAS, and Biolume SAS. Trato TLV Group had 2024 revenue of 56 million euros and 230 employees. The acquisition strengthens Fagerhult's position on French and international professional lighting markets and is expected to have positive effect on earnings per share in 2025 and beyond.

Scale indicators9 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Schneider Electric: Global energy management and automation leader whose EcoStruxure platform integrates building lighting controls. A broader incumbent whose smart-building stack competes with Fagerhult's connected lighting IoT ambitions in commercial and infrastructure tenders.
• Hubbell Incorporated: US electrical products conglomerate with a substantial lighting solutions segment alongside utility and electrical components. Overlaps with Fagerhult in commercial and industrial lighting but operates a broader, more diversified electrical portfolio.
• Legrand: French global specialist in electrical and digital building infrastructures, including lighting controls and connected systems. Legrand competes with Fagerhult's smart-lighting platform through its building systems portfolio and offers an adjacent incumbent alternative for specifiers.

Regional players

• Opple Lighting: One of China's largest lighting manufacturers offering LED luminaires and smart lighting products globally. While not directly competing in Fagerhult's European premium tier, Opple represents the low-cost LED commoditization pressure on Professional and Infrastructure segments.

Direct peers

• Signify (formerly Philips Lighting): Signify is the world's largest lighting company, offering professional, consumer, and IoT lighting solutions (Philips Hue, Interact). It is the most direct competitor to Fagerhult across commercial, industrial, and infrastructure segments, with broader scale, deeper R&D, and a more globally diversified footprint.
• TRILUX Group: German family-owned professional lighting specialist focused on indoor, outdoor, and industrial LED solutions across Europe. Closely comparable to Fagerhult in B2B specification sales, multi-country European presence, and smart-lighting focus.
• Zumtobel Group: Austrian-headquartered professional lighting group (Zumtobel, Thorn, Tridonic brands) with comparable focus on architectural, office, and outdoor lighting. Zumtobel is a close European peer in scale, premium positioning, and B2B specification-driven sales.
• ams OSRAM: Global leader in optical solutions combining LED/semiconductor components with professional lighting systems. Competes with Fagerhult in architectural, horticultural, and industrial lighting while also supplying the underlying LED technology stack.
• Acuity Brands: US-based leader in lighting, controls, and building management solutions serving commercial, industrial, and infrastructure markets. Comparable in specification-based B2B go-to-market and growing focus on smart/connected lighting.

Emerging players

• Lutron Electronics: US leader in lighting controls and shading systems with strong smart-building and home integration offerings. Lutron is a complementary controls competitor to Fagerhult's Organic Response/Capelon platforms in premium and connected commercial projects.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/fagerhultgroup
• Xx.com/fagerhultgroup

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A2 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Fagerhult Group