ST. LOUIS, Aug. 8 /PRNewswire/ -- Harbour Group has acquired LBL Lighting,
Inc., a leading designer and marketer of lighting products, Sam Fox, Harbour
Group's Chairman and Chief Executive Officer, announced today. Terms of the
transaction were not disclosed.
LBL, based in Chicago Heights, Ill., designs and manufactures a wide range
of lighting products, including low-voltage systems such as tracks, pendants,
heads and sconces, as well as traditional line-voltage products such as
chandeliers, ceiling fixtures, outdoor lighting, and portable lamps. LBL
sells its high-quality, high-design lighting products to both the residential
and commercial lighting markets through a broad network of retail lighting
showrooms and lighting specifiers/designers. The company maintains a website
at http://www.lbllighting.com .
LBL will complement Harbour Group's Lighting Products Group, which
includes Tech Lighting. Mr. Fox commented, "LBL has developed an outstanding
reputation as a developer of innovative lighting products. LBL's products are
extremely high quality and design-driven, just like Tech's products, yet their
styles are quite different. The look of an LBL product is organic and
artistic whereas Tech's products have a more refined and contemporary look.
These businesses complement each other extremely well."
"LBL has been our passion. We've built our business into a premier
designer of high-quality lighting products," said Ronald Stone, LBL's founder.
"Harbour Group recognized the value we've created and was able to work with us
to meet our goals. Tech Lighting is an outstanding company and the
professionals at Harbour Group have been great. As operators, the value they
bring to the equation is clear. We expect this to be an extremely valuable
Mr. Fox further commented, "The lighting sector remains extremely
fragmented. There are many high quality companies with fantastic products in
attractive niches. We are excited about our Lighting Products Group and will
continue to aggressively grow our business both organically and through
Harbour Group is a privately owned company based in St. Louis, Missouri.
Harbour Group and its operating companies are engaged in the manufacture and
distribution of a wide variety of consumer and industrial products, including
architectural lighting products, automotive enthusiast products and catalogs,
entertainment products, lubricating systems and equipment, auxiliary plastic
processing equipment, pre-engineered building components, and heat exchange
SOURCE Harbour Group