Lumenpulse picks up SDL Lighting for $3.2 mln
Lumenpulse Inc (TSX: LMP) has acquired all of the shares of SDL Lighting Inc, a designer and manufacturer of outdoor LED luminaires based in Québec City. The total cash consideration was $3.2 million. Headquartered in Montréal, Lumenpulse is a manufacturer of high performance, specification-grade LED lighting solutions. The company said the deal will expand its product portfolio and accelerate its entry into certain lighting segments. Lumenpulse went public in 2014, but continues to be backed by Canadian venture capital firm XPND Capital and other investors.
24 March 2015•5 mins read
