A New Partnership in Extreme Lighting
It’s been another fast-paced year of growth and evolution for Lumitec, one of the marine industry’s leading designers and manufacturers of extreme-environment LED lighting and control solutions. The company in April was acquired by Truck-Lite Co., LLC, a worldwide leader in heavy-duty and off-road lighting, telematics, engine protection, safety and visibility systems. The partnership forges an alliance not only with Truck-Lite but also with Rigid Industries, which was acquired by Truck-Lite in 2015.
In discussing the relationship, John Kujawa, founder and president of Lumitec said the partnership brings synergies of product, technology, manufacturing, and distribution – key areas for fulfilling the company’s core goal of delivering exceptional value to their customers.
“It’s a very exciting time for us within Lumitec,” said Kujawa. “Suddenly we have access to a true treasure-trove of resources around manufacturing, sourcing, operations and fulfillment. What’s more, in Rigid we’ve found a team of engineers who have rigorously pursued performance and reliability in the off-road world as passionately as we have within marine. We’ve already been able to leverage this deep and relevant expertise.
Lumitec’s management stays in place with Kujawa remaining as a shareholder in the company and continuing as president. Overall, customers will see very little impact of this partnership in the short term. However, over time Lumitec expects to leverage greater economies of scale in vendor negotiations and manufacturing, while incorporating ever more sophisticated technologies.
Kujawa said Lumitec will continue to operate independently, offering the same level of customer service and product support to the market. “This is not a merger but rather a strategic alliance as we are now sister companies under the Truck-lite corporate umbrella,” said Kujawa. “ Lumitec and Rigid Industries will remain the same and operate as before.”
Posted in: News | Tags: