The continued existence of the TRILUX Group as a privately owned business is secured: In July 2022, the longstanding general representative and current chairman of the supervisory board, Michael Huber, will take over 28 percent of the company shares. He will thus fulfil the wish of the majority shareholder to achieve a seamless generational change and permanent continuity. The Frielinghausen family of shareholders will take over a further 28 percent. There will be no operational changes in the management and strategic direction of the TRILUX Group. The German market leader thus remains majority familyowned and continues its continuous growth course on an international level. A foundation is to follow at a later date, which will take over Huber's shares and secure the company goals in accordance with the family shareholders.
As a general representative, Michael Huber has played a significant role in the company's success story over the last 17 years - and has positioned TRILUX innovatively and competitively in national and international markets. Due to the many years of successful cooperation, Michael Huber enjoys the absolute trust and full backing of the company. Michael Huber will continue in his position as Chairman of the Supervisory Board. Together with the threemember management board team, consisting of Hubertus Volmert (CEO), Johannes Huxol (CFO) and Joachim Geiger (CMO/CSO), he will continue to drive forward the strategic orientation of TRILUX - with a clear focus on customers, internationalization and digitalization.