French LED lighting expert Lucibel announces 100% acquisition of Cordel

A few days ago, Lucibel, a French LED lighting expert, announced that 100% of the shares of Cordel were completely acquired. Through this acquisition, Lucibel placed “store lighting” at the heart of its development strategy.

Thanks to joining the Lucibel Group, Cordel currently benefits from Lucibel's professional and proficient R&D team of LED technologies, focusing on store lighting. This means that Cordel will be the first company in France to offer a complete range of LED lighting products in the store lighting sector, thus meeting the growing customer demand and meeting customers' desire to adopt next-generation lighting solutions.

"Store Lighting" has been prioritized in Lucibel's development strategy. LED lighting is really suitable for this market, not only because it can greatly reduce energy consumption, reduce maintenance costs and air-conditioning electricity costs, but also increase the value of products sold in stores, which is followed by a significant increase in sales. This is also the favorite of the retail channel.

Founded in 1996, Cordel is the only European lighting company specializing in store lighting and a leading brand of commercial lighting in the French market.

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