Energy-efficient lighting companies merge
MONTREAL, QUE-Divcom Lighting, in Montreal, has acquired 100% interest in Environmental Lighting, a privately-held lighting company based in Toronto, for an aggregate purchase price of $1.24 million. Environmental Lighting specializes in design, manufacture and distribution of energy-efficient lighting products for the hospitality, custom and multi-residential projects industry. Its product line is similar to Divcom's Moore Lambert and Lampada subsidiaries. Divcom is the parent company of an emerging group of lighting companies which manufacture architecturally designed energy-efficient lighting products for urban communities, roadways and tunnels, as well as lighting for public, commercial, industrial, residential and custom applications. More information is available from Aslam Khatri, president and CEO of Divcom Lighting, 514/693-2117, FAX 514/693-2177, E-mail email@example.com.