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

Design

  • Zaneen: Answering Your LED Questions

    Zaneen: Answering Your LED Questions

    The Zaneen team wanted to take a moment to tell you more about Light Emitting Diodes (LEDs) by answering some common questions. They begin by defining what a LED means and describe a few of its technical details and then look into the importance of LED technology, the advantages of using LEDs, and some must-know… Read More…

  • Lumenpulse: A Look at the Past & Future of LED Binning

    Lumenpulse: A Look at the Past & Future of LED Binning

    In the lighting industry, the act of “binning” of LEDs is the process of sorting LEDs by certain characteristics, such as colour, voltage, and brightness. The ANSI standard C78.377-2017 provides the dimensions and coordinates of the bins that are currently used to standardize the colour points of all white light LEDs. These dimensions are calculated… Read More…

New Products

  • Salex: Axis Lighting Polyvalence – Light Is Architecture

    Salex: Axis Lighting Polyvalence – Light Is Architecture

    Meet Polyvalence, Axis Lighting’s newest innovation. A versatile architectural lighting system designed to push the boundaries of creativity, performance, and design flexibility. Mix. Match. Combine. Multiple optics, direct and indirect illumination, and endless configurations- all within one cohesive system. Read More…

  • Liteline: New ORBIT MULTI 4″ Retrofit Downlight

    Liteline: New ORBIT MULTI 4″ Retrofit Downlight

    With full 360° rotation and 50° of tilt, the ORBIT MULTI 4″ retrofit downlight puts light exactly where you want it, even on sloped ceilings. Up to 815 lumens of adjustable output makes it a natural fit for angling onto artwork, highlighting architectural features, or directing task light into a specific corner of a room.… Read More…