SGM establishes new operation in Germany
- Details
Spearheading operations for the Danish lighting company will be the experienced Michael Herweg and Thorsten Sattler, who were previously managing director and sales manager respectively of SGM's German distribution company, dB Technologies Germany.
The formation of SGM Germany is a joint venture between the two partners and the parent company. Explaining the rationale, SGM CEO Peter Johansen described the move as an important strategic development. "We have already enjoyed a good deal of success in Germany, and having the experience of Michael and Thorsten on board will leverage sales of our wide portfolio of unique LED solutions into even wider market applications."
Michael Herweg agreed. "This development will speed up the already impressive market growth