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Bemo USA and MBO Acquire Insolvent Vector Foiltec GmbH — Launch New ETFE Brand “Lightspan” as Global Market Leader

Bremen, May 2025 – In a landmark development for the global building envelope industry, Bemo USA, together with a management buyout (MBO) team of four senior executives, has acquired the insolvent Vector Foiltec GmbH—an internationally recognized pioneer in ETFE façade and roof systems.

The acquisition marks not just a rescue but a strategic relaunch under a new brand: Lightspan — positioned to become the global market leader in ETFE system solutions.

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A New Brand with a Powerful Legacy

Lightspan represents the fusion of Bemo-Lightspan USA’s financial strength and international reach with Vector Foiltec’s four decades of technological leadership in ETFE. The result is a dynamic and resilient company with over 1,700 completed projects, an active global footprint, and a revitalized team ready to deliver cutting-edge ETFE solutions.

“Bemo USA and our MBO team share one clear vision: to lead the global ETFE market through innovation, reliability, and architectural excellence,” said Phil Schneider, Managing Director of VF Lightspan. “Lightspan is more than a new name—it’s a new force, built on substance, speed, and synergy.”

Among the globally recognized ETFE references that form the company’s foundation are landmark projects such as the Allegiant Stadium in Las Vegas, US Bank Stadium in Minneapolis, The Shed in New York, and the pioneering Eden Project in Cornwall, UK—each a testament to Vector Foiltec’s engineering excellence and architectural vision.

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Acquisition of Vector Foiltec GmbH: From Insolvency to Innovation

The asset deal, effective May 2025, transferred all patents, trademarks, equipment, and project pipeline from the former Vector Foiltec GmbH to the newly established VF Lightspan GmbH.

Crucially, the engineering and production headquarters in Bremen-Lesum remain fully operational, ensuring continuity of technical expertise and project delivery. Over 65 jobs have been secured, with several former employees returning—highlighting deep confidence in the restructured organization.

“This restart preserves not only employment and IP, but the future of a globally admired ETFE brand,” said Jan-Philipp Gauß, Managing Partner. “We are fully operational from day one—with a healthy order book and the continued trust of many longstanding clients.”

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Lightspan – Shaping the Future of Lightweight Architecture

Lightspan enters the market with momentum, operating across Europe, the Middle East, and North America. The new leadership team is committed to redefining the standards for lightweight, sustainable building envelopes through ETFE innovation.

Through its integration with Bemo, Lightspan can now offer comprehensive hybrid solutions, combining metal and membrane systems—ideal for complex architecture such as stadiums, transport hubs, and cultural landmarks. “Our partnership with Bemo is the perfect match,” Schneider noted. “We share the same values: innovation, quality, and customer focus. Together, we are positioned to deliver integrated solutions that exceed expectations in design and sustainability.”

We are a Technology Leader.

We currently manufacture our product under the trademark of Texlon^® and operate a high-capacity production facilities in Germany. VF Lightspan holds most comprehensive body of ETFE-related research data and continues to bring new and innovative products to the market. We are proud of our consistent track record in the delivery of elegant and cost-effective engineering solutions to meet our client’s many varied and often complex needs.

We are Setting Standards in the Industry.

Vector Foiltec continues to maintain and develop an in-house multidisciplinary team, which is the key factor to our success, enabling us to resolve complex integrated design problems quickly and efficiently and deliver a specialized production, installation, and after-sales service.