NILES, Ill. — Luminii, a Chicago-based manufacturer of industry-leading specification-grade architectural LED lighting systems, today announced the acquisition of two British lighting manufacturers Precision Lighting and Remote Controlled Lighting (RCL). Precision Lighting and RCL are sister companies under common ownership and management that produce individually unique product lines. Bringing both brands into the Luminii fold allows the collective companies to broaden their global reach into new territories while enabling Luminii to further innovate by engineering new LED lighting technologies and products that service commercial and residential markets.
“The mutual benefits of this dual acquisition are far-reaching. With the addition of Precision Lighting and Remote Controlled Lighting, we are well-positioned to immediately expand our product offerings across geographies, including the U.S., where we are already well-established,” said Jeff Parker, CEO of Luminii and lighting industry visionary. “The company is concentrating heavily on engineering efforts in the miniaturization space, as evident from our STENOS launch earlier this year. With Precision Lighting’s micro-lighting products and systems, we can now offer a broader range of micro-LED solutions to our customers while also expanding opportunities globally to introduce Luminii’s flagship products in major hubs including London, Europe, and the Far East. RCL also brings an entirely new category of remote-control lighting solutions, opening doors to be specified into applications we historically were previously unable to support.”
Precision Lighting and RCL, both under the leadership of the companies’ Managing Director Alex Ruston, also add new opportunities to Luminii’s client base with a customer portfolio including notables such as the Natural History Museum (London), V&A Museum (London), Museum of Liverpool (Liverpool), Hard Rock Café (Florence, Italy), Ugg® (London), Daniel Crouch Rare Books (London and New York City), Christie’s Auction House (London), Dubai Opera House (Dubai), Louis Vuitton (Tokyo), Mercedes-Benz Showroom (Berlin, Germany), and a host of one-of-a-kind projects in world-renowned locations.
“We are delighted and can’t imagine a better partner to accelerate our growth worldwide,” Ruston said. “Luminii’s track record and complimentary product strategy felt naturally aligned to ours, making this an easy decision for our team. With our distinctive product innovation in the micro-LED and remote lighting category, and Luminii’s linear expertise, we feel we have an amazing opportunity to multiply our joint innovation in the lighting space. The U.S. has been a vastly untapped market for both Precision Lighting and RCL. This strategic company advancement with Luminii helps us further diversify our customer base, expedites our product visibility in the U.S., and gives us the momentum we need to bring our world-class products to new markets.”Tagged with acquisition, luminii