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

  • Sonepar Announces Brand Consolidation in Ontario

    Sonepar Announces Brand Consolidation in Ontario

    Sonepar proudly announces the consolidation of their Ontario businesses from five brands to two. Aztec, Dixon and MGM will rebrand as a new and refreshed Dixon. Electrozad and Sesco will carry the new Electrozad brand. “Through many years of continued growth and acquisitions at Sonepar Canada, we have reached an exciting point in Ontario where… Read More…

  • Houle Selected as Electrical and Technology Contractor for the New BC Cancer Centre

    Houle Selected as Electrical and Technology Contractor for the New BC Cancer Centre

    In late August, Houle were proud to announce that they had been selected as the electrical and technology contractor for the new BC Cancer centre at the Royal Inland Hospital campus in Kamloops. Located adjacent to Royal Inland Hospital, this five-storey cancer centre will provide people in BC’s Interior with expanded access to cancer care… Read More…

Peers & Profiles

Copper US Dollar Price Per Pound