CLOs on the Move

In 1993, the bank refused to grant them a business loan and they had no real estate to offer as collateral, just fresh ideas and the prototype of the first Ledlenser V8 flashlight. For the gentlemen at the bank, who told them that the V8 was unsellable, that wasn`t enough. So In 1994, with 1,000 DM, a sketch book, toolbox and old Atari® computer, twin brothers Rainer and Harald Opolka struck out on their own and founded Ledlenser in their garage in Germany. With all the passion and courage of two young, newly-minted entrepreneurs, they managed without the bank and ...

In 1993, the bank refused to grant them a business loan and they had no real estate to offer as collateral, just fresh ideas and the prototype of the first Ledlenser V8 flashlight. For the gentlemen at the bank, who told them that the V8 was unsellable, that wasn`t enough. So In 1994, with 1,000 DM, a sketch book, toolbox and old Atari® computer, twin brothers Rainer and Harald Opolka struck out on their own and founded Ledlenser in their garage in Germany. With all the passion and courage of two young, newly-minted entrepreneurs, they managed without the bank and to their own surprise ended up selling more than 200 million Euros` worth of LED flashlights in the first five years. The V8 became an international design classic and one of the the top-selling LED flashlights in the world. Harald OpolkaNow as they like to say, "We are our own bank." As if to remind anyone of this who might happen by, today a lone, tattered, pirate flag waves over their Solingen headquarters. Fast forward 17 years, hundreds of patents and design awards later, and Ledlenser is now a company of more than 1000 employees, three manufacturing bases and a range of some of the world`s highest-quality LED flashlights. And today, just as in the beginning, we remain driven by light - the emission, channeling and powering of light.

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