Glamox acquires the UK-based Luxonic Lighting

Norway M&A 30 April 2019
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Glamox, an Oslo, Norway-based provider of lighting solutions to the Northern European professional building market and to the global marine and offshore markets, announced that it acquired 100% of the shares in Luxonic Group Ltd. and its subsidiaries.

Financial details of the deal were not disclosed.

Luxonic Lighting, founded in 1986, is a UK based lighting company with a strong brand and its own manufacturing plant located in Basingstoke, UK. The company had revenues of GBP 16.6M ($22M) in 2018.

Glamox, led by CEO Rune E. Marthinussen, is a leading provider of lighting solutions to the Northern European professional building market and to the global marine and offshore markets. The Glamox Group is a global organisation with more approximately 1 400 employees and an annual turnover of NOK 2.8bn (2018). The Group owns a range of quality lighting brands including Glamox, Aqua Signal, Luxo, Norselight, LINKSrechts and Küttel.