KBS Corporate Advises on Sale of LEDZ Lighting Science Limited
Coughtrie International Limited has acquired the stock and assets of LEDZ Lighting Science Limited, a Glasgow-based manufacturer and designer of LED lighting solutions. Established in 2012, LEDZ provides innovative lighting solutions to clients through the use of well-engineered product design and up-to-date LED technology.
Products include downlights and recessed lights, LED furniture lighting, outdoor lighting, surface mounted lighting, lamps, dimming and lighting control components, and LED controllers and amplifiers.
When presenting LEDZ to market, KBS Corporate received responses from circa 10 interested parties, who then signed NDAs to learn about the business. Negotiations commenced and an offer from Coughtrie was negotiated with the owners, a buyer also operating within the lighting solutions manufacture in Glasgow.
Matthew Sibley of KBS Corporate advised on the deal.