Acquisition lifts Lumination's store count to 68

Lighting retailer Lumination has trebled outlet numbers with the acquisition of supplier and retailer Litecraft.

Litecraft's 43 concessions and Glasgow showroom bring the group's total number of outlets to 68.

Lumination already has 13 stores and 11 concessions in retailers including Courts and Ponden Mill. The combined group will have an estimated annual turnover of£23 million.

Lumination operates a total of 20 outlets under its own name and four under the brand ... On. No decisions have been made about branding the acquired stores, said Lumination marketing controller Zoe Colosimo.

Once the integration of the two businesses is completed successfully the group may look for further acquisitions.

Financial terms of the deal were not disclosed.