www.slv.com Sector: Industrials Geography: Germany About SLV SLV is one of the fastest growing providers of indoor and outdoor lighting in Europe. Why did we invest in SLV? SLV is part of a recession-resistant, niche, growth market, with a protected business model. Its vertically integrated model delivers competitive advantages in development, sourcing, logistics and distribution. This means SLV is able to offer high-quality products at attractive prices, with leading levels of service. We regarded SLV as a ‘hidden champion’ of the ‘Mittelstand’ - a successful niche player, that had grown faster, and with higher margins, than its competitors. Our experience and expertise, drawn from working with similar businesses in this sector, meant that we were able to pinpoint a number o

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