Ambienta SGR S.p.A. ("Ambienta"), one of Europe's leading asset managers focused on environmental sustainability, today announced that its platform company Inovara Group ("Inovara") has acquired IBL Lighting Limited ("IBL"), a UK-based innovator in LED engine design and a global provider of architectural lighting solutions.
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Founded in 1986 and headquartered in Guildford, UK, IBL supplies high-performance architectural lighting to premium hospitality, retail, airport, and residential projects worldwide. With operations in the UK and an assembly facility in China, the company has earned a reputation for technical excellence and project execution across flagship developments including Marina Bay Sands in Singapore, The Peninsula London, and the National Museum of Qatar.
The acquisition strengthens Inovara's position as a pan-European leader in LED lighting by combining IBL's patented light-engine technology and international sales footprint with Inovara's portfolio of design-led European brands. Together, the combined group will expand market reach while accelerating adoption of high-efficiency LED lighting across both new construction and existing infrastructure.
This transaction marks Inovara's third add-on acquisition under Ambienta's ownership, following the acquisitions of Nobile in 2022 and Indigo in 2023. Since Ambienta's initial investment in Collingwood Lighting in 2021, the firm has executed a targeted internationalisation and M&A strategy to build a unified European platform shaped by environmental megatrends and rising global demand for energy-efficient lighting.
Ambienta's investment strategy focuses on delivering measurable environmental impact. In 2025 alone, Inovara's products contributed to energy savings of approximately 50,000 tons, material reductions of 4,000 tons, and the avoidance of 82,000 tons of CO₂ emissions, driven by the replacement of legacy lighting technologies with high-efficiency LED luminaires.
Matt Norrington, Partner at Ambienta, commented:
"The acquisition of IBL marks another important milestone in Inovara's growth. IBL brings strong technical capabilities and a global reputation for delivering high-quality architectural lighting. This deal reinforces Inovara's position as a leading pan-European provider of LED lighting and creates exciting new opportunities across the global architectural lighting market."
Guy Williams, Chief Executive Officer of Inovara Group, said:
"We are tremendously excited to welcome IBL into the Inovara family. Their technical platform, impressive growth, and global standing make them an excellent fit with our strategy of assembling complementary, world-class lighting brands. IBL significantly enhances our offering in the architectural segment and expands our international footprint."
Andrew Penfold, CEO of IBL, added:
"Joining Inovara marks a pivotal moment for IBL. The synergies across the Group, coupled with access to greater resources, will allow us to build on our strong market position and broaden our product portfolio. We share a commitment to quality and innovation, and we are confident this partnership benefits our customers, our people, and our long-term growth."
Ambienta was advised by Osborne Clarke (Legal), KPMG (Financial & Tax), Alvarez & Marsal (Operations) and PwC (Structuring). IBL was advised by Lawrence Stephens (Legal) and Merrimack (M&A).
More information:
Ambienta
[email protected]
www.ambientasgr.com
