2013-05-06

Lucibel Lighting Acquires Cordel

Lucibel, a French LED lighting company, has acquired Cordel, a company that specializes in shop lighting. Lucibel purchased 100% of the shares in the company. With this take-over, Lucibel places “shop lighting” at the core of its development strategy. Cordel, has a head-office in Brittany, France and coverage throughout the entire country. Cordel employs a workforce of 60 and carries out more than 20,000 maintenance interventions per year for its customers. The company, which has been profitable from day one, registered an annual revenue of 10 M€ in 2012. T...
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