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

 

 

 

 

Related Articles

Changing Scene

  • Hammond Power Solutions Appoints Aaron Karr as Regional Sales Manager

    Hammond Power Solutions Appoints Aaron Karr as Regional Sales Manager

    Hammond Power Solutions (HPS) is pleased to announce the appointment of Aaron Karr as Regional Sales Manager for Southwestern Ontario. In this role, Aaron will support customers and distributor partners across the region, with a focus on driving growth, providing education, and advancing marketing efforts toward more sustainable, forward-looking solutions. Aaron brings more than 20… Read More…

  • Guillevin Celebrates Burnaby, British Columbia Branch Grand Opening

    Guillevin Celebrates Burnaby, British Columbia Branch Grand Opening

    In a recent LinkedIn post, Guillevin in British Columbia noted what a day it had been in Burnaby as the company thanks everyone who came out to celebrate the Grand Opening of the Burnaby, BC branch. The energy, conversations, and connections purportedly made this event truly memorable, with a special thank you going out to… Read More…

Peers & Profiles

Copper US Dollar Price Per Pound