Companies join forces 'to build on our successes'

DURHAM lighting manufacturer has snapped up a North Yorkshire business in moves to expand both companies' market share.

- COREENA FORD

Artech Lighting, based in Durham City, has acquired Powerlite Fitzgerald, a top lighting firm in North Yorkshire for an undisclosed amount, in a deal that completed this week.

The transaction marks a significant milestone for the businesses, bringing the two modern lighting manufacturers together to boost their combined market share, secure growth and create skilled jobs.

Stuart Hylton, managing director at Artech Lighting, said the deal strengthens Artech and Powerlite Fitzgerald's positions in the industry, whilst preserving the foundations on which both businesses were built. They will continue to operate independently.