Glamox acquires the UK-based Luxonic Lighting
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.