The Targetti Group has announced a new operations structure in the United States. Going forward, the company will operate under the name Targetti USA and be led by U.S. Business Development Manager Marie Paris. This strategic management change is a result of the December 2014 sale of Louis Poulsen to the Polaris Private Equity group. Targetti USA’s new headquarters is located in Costa Mesa, Calif., and will distribute a full line of U.S.-approved lighting products from both Targetti and DuraLamp.
“Targetti is very excited about this transaction to enable Targetti USA to operate as an independent business under new management to help us establish our long-term, growth in the U.S. market,” said Luigi Ferrando, CEO of Targetti Group in a press statement. “We have significantly improved the performance and versatility of our international offering in the architectural lighting business over the last five years, and are excited to have established a strong management team and innovation pipeline in the U.S. We are convinced that with an independently run U.S. headquarters, Targetti can grow further, attract more customers and increase scale as a leading international company.”
Targetti USA will celebrate its official opening on Sept. 16th at the Irvine Spectrum Center in Irvine, Calif., with a ribbon cutting ceremony. For more information email: [email protected].
