limited to, the Museum of Modern Art and the Metropolitan
        
        
          Museum of Art in New York, the Victoria & Albert Museum
        
        
          in London, the Triennale Design Museum in Milan, Les Arts
        
        
          Décoratifs and Le Centre Pompidou in Paris and many
        
        
          others. The company’s longstanding relationships with world-
        
        
          renowned designers such as the Castiglioni brothers, Philippe
        
        
          Starck, Antonio Citterio, Piero Lissoni, Patricia Urquiola, the
        
        
          Bouroullec brothers, Ron Gilad and many others is a unique
        
        
          feature of the company.
        
        
          In the first quarter of 2015, Flos executed its first acquisition:
        
        
          Ares, a leading Italian manufacturer of architectural outdoor
        
        
          lighting. This transaction represents the first step of a growth
        
        
          plan based on both organic and external drivers and focused
        
        
          on further developing the company from an industrial and
        
        
          geographical standpoint.
        
        
          CASE STUDY:
        
        
          Flos
        
        
          Investing
        
        
          in an iconic
        
        
          lighting brand
        
        
          Investindustrial has recently invested in a great
        
        
          brand to support its next development phase.
        
        
          In November 2014, Investindustrial acquired a majority
        
        
          shareholding in Flos in order to lead the next phase of its
        
        
          industrial development and to accelerate its global expansion.
        
        
          Flos is a high quality, northern-Italian family business and a
        
        
          luxury and design brand recognised globally for its leadership
        
        
          in residential and architectural lighting as well as for its iconic
        
        
          design and technological innovation.
        
        
          Since its foundation in 1962, Flos’ products have been
        
        
          recognised through numerous international design awards
        
        
          and several pieces have become collection items for some of
        
        
          the world’s leading art and design museums, including but not
        
        
          32
        
        
          Piero Gandini
        
        
          ,
        
        
          CEO
        
        
          Flos
        
        
          “Through the planned acceleration of its
        
        
          global sales and footprint, Flos’ strategy
        
        
          is to continue its exciting expansion
        
        
          geographically and by product
        
        
          innovation. Investindustrial has historical
        
        
          roots as a family of Italian entrepreneurs
        
        
          which perfectly parallel our
        
        
          history and traditions.
        
        
          This, together with its track record of
        
        
          investments in high-end brands and its
        
        
          experience in growing Italian and Spanish
        
        
          based companies, made it the natural
        
        
          partner of choice for Flos.”
        
        
          20
        
        
          14
        
        
          Case Studies
        
        
          //
        
        
          ANNUAL REVIEW & SUSTAINABILITY REPORT