Sally was dedicated to deliver the best deal for the shareholders whilst causing very little disruption to the business… A great success and we are very thankful
Project: Kingfisher Lighting
Sector: Industrial products
Deal Value: £10m
Buyer: Luceco Plc – UK based
Kingfisher are market leaders in outdoor LED lighting, which is an industry where changing technology has driven consolidation strategies and the retiring founder shareholders seized the opportunity to exit in this consolidating market place
Luceco a listed UK lighting business were keen to acquire Kingfishers LED expertise to enable them to offer a broader service to customers and provide opportunity for growth. Kingfisher Lighting’s highly regarded sales team and complementary outdoor lighting products will allow Luceco to deliver enhanced systems and services to both private and public sector customers
The management team of £12m turnover Kingfisher have remained with the group