Siteco announces agreement to be acquired by Barclays Private Equity from J.P. Morgan Partners, LLC, as advised by CCMP Capital Advisors, LLC

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Klaus-Günter Vennemann becomes new Managing Director of Siteco to 1. July 2009.

Ingo Susemihl (50) has accepted the position of Siteco Sales & Marketing Manager as of 1st January 2010, and will thus become a member of the Siteco Executive Management.

Takeover opens up further expansion potential for LED applications

Purchase opens up new growth potential for LED application Vennemann has been appointed head of the business unit Professional Lighting