Trade Resources Industry Views Leviton Has Acquired British LED Lighting Company JCC

Leviton Has Acquired British LED Lighting Company JCC

American electrical manufacturer Leviton has acquired British LED lighting company JCC, in a deal that will see the expansion of JCC's business into international markets.

Bognor Regis-based JCC produces LED lighting fixtures for residential and commercial applications, which are sold through electrical wholesalers across the country. The company is backed by private equity house LDC.

Richard Adey, JCC's executive chairman, said the company was delighted at the link-up with Leviton "given its renowned expertise and global reach in controls technology, which will drive JCC's further expansion both in the UK and overseas".

He added: "Leviton's input will help enhance our LED product innovation and development, this is fundamental to our business strategy and to the recent acceleration in our growth. I would like to thank LDC, which since 2008 has helped transform our company into the LED market leader it is today."

Leviton Purchases LED Specialist JCC

The company employs around 110 people at its West Sussex headquarters, and no jobs will be lost as a result of the deal; it will be run as a wholly owned subsidiary of Leviton, led by Richard Adey.

Commenting on the purchase Leviton CEO Donald Hendler said: ?"The acquisition of JCC is a strong strategic move, giving us a significant presence in the UK and a solid foundation for further expansion globally.

"Leviton has built [its] reputation on innovation and product development. It strategically makes sense to add a market-leading advanced lighting solutions business like JCC to our lighting and energy systems capabilities."

Source: http://www.lighting.co.uk/news/latest-news/leviton-purchases-led-specialist-jcc/8654875.article?blocktitle=Latest-News&contentID=2731
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Leviton Purchases LED Specialist JCC
Topics: Lighting