Peter Johansen acquires SGM, moves company to Denmark
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The new company, SGM A/S, which replaces the former SGM Technology for Lighting spa, will be headquartered in Aabyhøj, near Aarhus, Denmark, and will concentrate exclusively on developing LED solutions, while continuing to support SGM's current catalogue of discharge lighting.
For Peter Johansen, the man who originally founded Martin Professional, and who joined SGM in late 2010 as R&D director, the buyout provides the opportunity to spearhead his own company again, dedicated to LED development in the entertainment and architectural segments.
For RCF Group, by divesting themselves of the lighting interest they purchased in April 2009, the company can focus on its core audio brand, and build on