2024-10-01

Wiring and lighting firm acquires counterpart in £30m deal

A Telford-based supplier of wiring accessories, EV chargers, LED lighting and portable power products has acquired a Rotherham-based counterpart in a £30m deal. Luceco has purchased CMD’s parent company, Baltic Topco, from Rubicon Partners and management on a cash and debt-free basis. Founded in 1984, CMD specialises in wiring accessories for commercial spaces, offering power distribution solutions and ergonomic products like its Miro monitor support arm. CMD’s senior management will remain in place, continuing operations from their Roth...
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Veeco Instruments Inc., a global leader in advanced semiconductor and compound semiconductor process equipment, today announced wins with Sparrow Quantum (Denmark) and Yeungnam University (South Korea), who have selected Veeco’s Molecula... READ MORE

Cree LED, a Penguin Solutions brand (Nasdaq: PENG), and SANlight GmbH, Schruns, Austria, today announced a partnership under which SANlight will use Cree LED’s J Series® products in its new STIXX-Series luminaires. Developed for appl... READ MORE