Ascot Capital Group Acquires LumenTruss

LumenTruss

July 19, 2018

Ascot Capital Group, the parent company of Standard Products Inc., Stanpro Lighting Systems Inc., and Aimlite Corp., has acquired a majority share of LumenTruss.

Located in Montreal, Quebec, LumenTruss is a specialty manufacturer of architectural lighting products active in both Canadian and American markets. Eric Audy is the company’s founder, and he and his team will continue to manage and operate the business as an independent entity. This partnership with Ascot will allow them to accelerate their LumenTruss’ growth through product and market expansion.

David Nathaniel, CEO of Ascot, confirmed that “the acquisition of LumenTruss is strategic in nature and brings us capabilities that complement what our other businesses do today. It is the beginning of our plan to build a larger portfolio of businesses that will allow us to leverage our strengths and to further grow our position in the lighting and electrical industry.”

Find out more about LumenTruss (also known as Luminergie in the Quebec market): https://www.lumentruss.com

 

diagram.png

 

 

 

 

Similar Posts

Changing Scene

  • GridSmartCity Advances Grid Modernization with New Corporate Partners: CES Transformers & Landis+Gyr

    GridSmartCity Advances Grid Modernization with New Corporate Partners: CES Transformers & Landis+Gyr

    GridSmartCity is pleased to announce CES Transformers and Landis+Gyr as its newest corporate partners, effective September 1, 2026. Ontario’s electricity sector is undergoing significant transformation driven by electrification, digital technologies, and growing customer expectations. To support this evolution, utilities require both modern grid infrastructure and intelligent technologies that improve visibility, reliability, and operational performance. By welcoming CES Transformers and… Read More…

  • AD Announces Supply Force Program Brand Update

    AD Announces Supply Force Program Brand Update

    AD launches a refreshed brand for the recently acquired Supply Force business. Recently, AD announced a comprehensive brand refresh designed to launch Supply Force as part of the organization’s menu of optional value-added services. While the visual representation of Supply Force’s identity, including a logo, tagline and color palette, has been updated, the core commitment… Read More…

Peers & Profiles

Copper US Dollar Price Per Pound