2024-10-01

Wiring and lighting firm acquires counterpart in £30m deal

A Telford-based supplier of wiring accessories, EV chargers, LED lighting and portable power products has acquired a Rotherham-based counterpart in a £30m deal. Luceco has purchased CMD’s parent company, Baltic Topco, from Rubicon Partners and management on a cash and debt-free basis. Founded in 1984, CMD specialises in wiring accessories for commercial spaces, offering power distribution solutions and ergonomic products like its Miro monitor support arm. CMD’s senior management will remain in place, continuing operations from their Roth...
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Violumas, provider of high-power UV LED solutions and inventor of 3-PAD LED technology, is proud to launch the release of new 275nm and 265nm LEDs in mid-power, high-power, and high-density packages. The radiant flux of the new 275nm and 265nm... READ MORE

DURHAM, NC – November 12, 2024 –– Cree LED, a Penguin Solutions brand (Nasdaq: PENG), today announced the launch of its new CV28D LEDs with FusionBeam™ Technology, a groundbreaking advancement for the LED signage market... READ MORE