Nesquehoning, Pa.-based ELK Group International has purchased certain assets of Toronto-based Alico Lighting. The acquisition, accomplished through ELK’s sister corporation LED Lighting North America Inc., was finalized on August 28, 2014.
Alico’s exclusive Zee-Led™ of LED lighting systems will be a core focus for the combined entity. Alico – renowned for its proprietary LED technology and design-driven LED recessed, undercabinet, and vanity product assortment – will further enhance ELK’s market penetration within the LED lighting arena.
“Alico will strengthen every aspect of our LED lighting strategy with superior technology, increased application opportunities, and expanded design capabilities,” states Bradford Smith, ELK Group’s Chief Executive Officer. “With this acquisition, we are even better positioned to leverage the growth in the LED lighting category which could realistically represent 90 percent of all new installations by 2020,” Smith adds.
Joey Sadofsky, president of Alico, brings 43 years of technical expertise and industry experience to the combined companies. “This partnership will allow me to focus more time on what I love most: our customers and our product,” he affirms.
The ELK group of companies will now have one of the most comprehensive LED product offerings in the industry with more than 2,000 warehoused LED SKUs in addition to a vast array of customized and retrofit options. This also marks ELK’s entrance into the undercabinet category while significantly broadening their selection of lighting options for bath and vanity.