Raytec Ltd, a global leader in LED lighting for security and safety critical applications, is acquiring Atexor Oy, a Finnish specialist in portable ATEX and IECEx lighting. This strategic acquisition broadens Raytec’s product portfolio and, according to the company, reinforces its commitment to delivering high performance lighting for any hazardous location.
“Atexor’s reputation for technical excellence and quality perfectly complements Raytec’s own commitment to innovation in illumination. Bringing Atexor into the Raytec family strengthens our market position and allows us to serve our customers with a broader portfolio of hazardous area lighting to suit any hazardous area requirement,” says David Lambert, Managing Director of Raytec Ltd.
Founded in 1983, Atexor Oy is a well-established manufacturer known for its robust, portable and temporary lighting systems designed for demanding hazardous area applications. Its products are trusted across industries including oil and gas, petrochemical and manufacturing.
The acquisition enables Raytec to expand its footprint in the EU and accelerate growth in the hazardous area lighting segment. Customers will benefit from the combined expertise, enhanced R&D capability and an expanded service and support network.
“The sale marks an important step for Atexor Oy, opening new opportunities for continued development under the new ownership. We look forward to building on our strong foundation and continuing to serve our customers with the same commitment and quality,” comments Jukka Viitasalo, Managing Director of Atexor Oy. Atexor Oy will continue to operate as an independent company and brand, ensuring continuity for existing customers and partners.
