We are proud to announce the entry into our Group of Axolight, a lighting company based in Italy and the United States, specialized in the design and production of decorative lamps with high technical content.

Andrea Sasso, Chairman and CEO of IDB, said: “We are very happy to welcome Axolight to our Group. Giuseppe’s story struck us a lot: a man from the world of finance who falls in love with lighting and undertaking an entrepreneurial challenge. Working together will allow Axolight and the Group to continue to grow with ambitious successes.”
“This operation is very strategic for IDB” comments Giorgio Gobbi, Managing Director of the Group, “the Axolight range is the perfect enrichment for our offer in the world of lighting”.

Giuseppe Scaturro, CEO of Axolight who will remain at the helm of the company and reference shareholder, concludes “Joining IDB is an important industrial opportunity. The size of the Group, the managerial competence and the vision of IDB, constitute for Axolight a truly extraordinary growth potential”.

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