Lumenpulse acquires Projection Lighting for C$30.4 millio

Fasken Martineau advised Lumenpulse on its acquisition of UK-based LED manufacturer Projection Lighting Limited (“Projection”) for C$30.4 million. This includes an investment of C$5.3 million in working capital, subject to customary post-closing adjustments. Based in Montréal, Canada, Lumenpulse is a TSX listed leading manufacturer of high performance, specification-grade LED lighting solutions for commercial, institutional and urban environments. Projection is a privately owned company headquartered in Manchester, UK, operating under the name AlphaLED. The transaction will allow Lumenpulse to expand its addressable market with a variety of complementary LED solutions, and accelerate its expansion into new geographical markets served by Projection. Fasken Martineau advised Lumenpulse on this transaction with a multi-office team led by London, assisted by Peter Villani, Jean-Michel Lapierre, Caitlin Rose (capital markets), Chloé Archambault (banking & finance) and articling student Marie-Christine Valois in Montréal.