Capricorn Cleantech Fund and LRM Plan to Invest €20m in Ducatt
Summary
Capricorn Cleantech Fund and LRM are planning to invest €20m in Ducatt NV, a Belgium-based solar-glass start-up.Emgo NV has been obliged to take measures and to focus on new growth markets.For this reason, shareholders Philips Lighting and Osram have agreed to spin-out the lightbulb production from Emgo.Due to the banning of the incandescent light bulbs from the European market in 2012 light bulb producerhas been obliged to take measures and to focus on new growth markets.For this reason, shareholders Philips Lighting and Osram have agreed to spin-out the lightbulb production from Emgo.
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