Cleckheaton light bulb supplier’s future is bright following Maxim Lamps acquisition
Cleckheaton-based Status International (UK) Limited, an independent light bulb and accessories supplier, has completed the acquisition of Sussex firm Maxim Lamps.
The deal signals further growth for the family run business which is looking to increase its market share.
Operating from its head office in Cleckheaton, West Yorkshire, Status has a warehouse, distribution centre and in-house design studio that employs in excess of 65 members of staff.
Run by father and son, Peter and Nicholas McVeigh, Status has a customer base across the UK and Europe, including major national retailers, wholesalers, independent retailers and electrical wholesalers.
Maxim Lamps is based in Haywards Heath, Sussex and is a light bulb supplier that produced its first light bulb in 1879.
The company, which has been run by the Poytner family since 1910, supplies a range of light bulbs and accessories for industrial applications, for example rough service bulbs and candle lamps. Maxim Lamps work with customers from retailers and market traders to larger cash and carry outlets and independent and electrical wholesalers in the UK.
Peter McVeigh, chairman of Status, said: “I am delighted with the purchase of Maxim Lamps which will strengthen our existing product range. Maxim Lamps has been a competitor of ours for a number of years and it is a significant addition to our company as we look to grow the business further this year.
“We intend to retain the Maxim Lamps brand in certain categories. It is very much business as usual for existing Maxim Lamps customers during this period as we look to merge the two businesses.”
Want your business, product or service to be seen regionally and nationally? Bdaily helps you get your story in front of the right audience, every day. Find out how Bdaily can help →
Join more than 55,000 subscribers by signing up to our daily bulletin each morning here.
Enjoy the read? Get Bdaily delivered.
Sign up to receive our popular Yorkshire & The Humber morning email for free.
Building a more diverse construction sector
The value of using data like a Premier League club
Raising the bar to boost North East growth
Navigating the messy middle of business growth
We must make it easier to hire young people
Why community-based care is key to NHS' future
Culture, confidence and creativity in the North East
Putting in the groundwork to boost skills
£100,000 milestone drives forward STEM work
Restoring confidence for the economic road ahead
Ready to scale? Buy-and-build offers opportunity
When will our regional economy grow?