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 Rotherham headquarters.
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 Rotherham headquarters.
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