Lumenpulse acquires SDL Lighting
Lumenpulse Inc., a manufacturer of high-performance, specification-grade LED lighting solutions, announced today that it has acquired all of the shares of SDL Lighting Inc. (SDL), a designer and manufacturer of outdoor LED luminaires, for a total cash consideration of $3.2 million.
The transaction is in line with Lumenpulse’s growth strategy, adding fully complementary LED solutions to the product portfolio to expand the addressable market; and accelerating entry into the high performance architectural, area, urban, pedestrian and professional landscape lighting segments.
SDL, a privately owned company, started as a custom manufacturer in Quebec City. Over the last five years, it has focused on product development, designing and manufacturing its own line of LED lighting solutions. Today, SDL’s portfolio counts more than 150 products including bollards, columns, pole-top and building-mounted luminaires. The company has been most active in the Quebec, British Columbia, Alberta and South Florida regions, illuminating a wide range of institutional, commercial and urban environments, including outdoor public spaces, corporate campuses, parks, hotels, shopping centers, access roads and parking lots. Total revenues for SDL were approximately $2.7 million for its fiscal year ended December 31, 2014.