Foscarini acquires Ingo Maurer lighting brand

Italian lighting company Foscarini has acquired Ingo Maurer – the eponymous brand of the late German designer.

Venice-based Foscarini purchased a 90 per cent stake in the business, while 10 per cent of shares remain with Maurer's daughter Sarah Utermöhlen.

Foscarini will continue to run Ingo Mauer as a distinct brand and aims to bring the designs to a larger market.