Ascot Capital Group Acquires LumenTruss

LumenTruss

July 30, 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

Related Articles

Changing Scene

  • CSA Group Receives Greater Toronto’s Top Employers Award for 10th Consecutive Year

    CSA Group Receives Greater Toronto’s Top Employers Award for 10th Consecutive Year

    For the tenth consecutive year, CSA Group has been awarded as one of Greater Toronto’s Top Employers for 2026 by Mediacorp Canada Inc. This milestone reflects CSA Group’s continued commitment to fostering a workplace culture that supports employee wellbeing, professional growth, and community engagement. CSA Group’s global headquarters, located in Toronto, offers employees a range… Read More…

  • ABB Awarded Platinum Medal by EcoVadis for Outstanding Sustainability Performance

    ABB Awarded Platinum Medal by EcoVadis for Outstanding Sustainability Performance

    ABB has been awarded the Platinum medal from EcoVadis with a score of 84 out of a possible 100 points, placing the company among the top one percent of 130,000 companies assessed worldwide. EcoVadis is a trusted provider of business sustainability ratings offering a standardized, data-driven framework that allows companies to compare supplier performance. ABB… Read More…

Peers & Profiles

Copper US Dollar Price Per Pound