Debt-ridden decorative lighting brand Fontana Arte has been bought by Italian home automation maker Nice for £2 million.
Nice bought 60 per cent of the share capital of FontanaArte, which was founded in 1932 by the architect Gio Ponti and has been managed since 1979 by Carlo Guglielmi, the owner of 100 per cent of its share capital. FontanaArte is a global brand that in recent years has become a major player in the contracts segment.
28 October 2011
Energy-saving measures – including lighting controls – could save enough money in an average secondary school to pay for an extra teacher, the Carbon Trust has calculated
07 January 2011
Alliance Lighting has opened an office in the UK directed by Mark DeVries from Alliance Lighting in the US and Douglas James of Whitegoods in London.