Inovara Group

Environmental Thesis

Amongst many other benefits, LED lighting consumes less energy, has a longer lifespan and therefore requires less replacement and emits less CO2 emissions in comparison to other alternate lighting technologies such as halogen and fluorescent. LED lighting penetration has a long way to go with only an estimated c. 50% of lighting installations today in Europe using LED technology: with a substantial proportion of the existing installed lighting stock consisting of legacy, less sustainable lighting technologies, there remains a significant benefit from continued LED substitution.

Business

Inovara Group, headquartered in Sywell, Northamptonshire (UK), is a leader in the design, manufacture and distribution of LED luminaires for residential, landscape and commercial & light industrial applications. Inovara operates in the sizeable European LED luminaires market underpinned by a number of structural growth drivers and worth >€2bn across its largest served markets of the UK, Italy, France and Belgium, with a growing presence in other international markets.

Ambienta originally invested in Collingwood Lighting in February 2021. Founded in 1901, throughout its long history Collingwood has built a brand reputation known for high product quality and reliability, strong design aesthetic and enhanced product features.

In July 2021, Collingwood completed the acquisition of Nobile. Headquartered in Rome (Italy), Nobile is a leading premium player in the Italian LED lighting market, with competencies in product categories such as LED strip which are highly complementary to the Group product portfolio.

In March 2023, Collingwood completed the acquisition of Indigo. Headquartered in Sprimont (Belgium), Indigo is a leading designer, manufacturer and distributor of LED luminaires focused on the French & Belgian wholesale market.

In 2025, the business rebranded as Inovara Group, bringing the divisions together under a unified platform and bolstering the Group’s position as a pan-European leader in lighting.


Environmental Impact

Ambienta only invests in businesses which have a positive impact on the environment through either, or both, a Resource Efficiency or Pollution Control contribution. Our proprietary methodology, the Environmental Impact Analysis, allow us to measure the contribution of different businesses to sustainability in terms of Resource Efficiency and Pollution Control which we capture through 11 Environmental Metrics.
For each portfolio company we report its impact in relation to our metrics.

Resource Efficiency

Inovara Group’s contribution to Resource Efficiency is summarized by the following Environmental Metrics:

Materials Saved

Energy Saved

Pollution Control

Inovara Group’s contribution to Pollution Control is summarized by the following Environmental Metrics:

CO2 Emissions Reduced


Sustainable Development Goals

Our Methodology and Metrics are fully aligned with the UN Sustainable Development Goals adopted in 2015. Through our investment scope definition that focuses on products and services that improve Resource Efficiency and Pollution Control we fully capture 10 of the 17 Goals and their respective sub-goals.
For each portfolio company we report its impact in relation to the SDGs.