Remsons Holding Ltd., a wholly-owned subsidiary of Remsons International, has announced the acquisition of a 51% stake in BEE Lighting Ltd., a UK-based company specializing in automotive lighting solutions. The acquisition, valued at GBP 3 million, was formalized through a Share Purchase and Shareholders Agreement dated October 18, 2024. With this transaction, BEE Lighting Ltd. now becomes a step-down subsidiary of Remsons International, strengthening its presence in the global automotive market.
Founded in January 2006 and headquartered in Redditch, England, BEE Lighting Ltd. offers comprehensive design, manufacturing, and testing services across low to high volumes, catering to the needs of the automotive lighting industry. BEE Lighting specializes in cutting-edge lighting technologies, including LED and Adaptive Driving Beam (ADB) systems. Its products span headlamps, rear lamps, and various internal and external lighting solutions for luxury, super, and hypercars, as well as electric vehicles (EVs). Notably, the company boasts a prestigious customer base among high-end automotive brands.
BEE Lighting Ltd. reported a turnover of GBP 5.79 million in 2023, with previous annual turnovers of GBP 9.22 million in 2022 and GBP 10.29 million in 2021.
The acquisition of BEE Lighting Ltd. aligns with Remsons International’s strategic objective of diversifying its product offerings for automotive customers worldwide. Through this deal, Remsons aims to leverage BEE Lighting’s expertise in advanced automotive lighting technology to provide a broader range of solutions to both existing and new clients.