Harbour Group Acquires LBL Lighting

Aug 08, 2005, 01:00 ET from Harbour Group

    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
 complementary acquisitions."
     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