Acuity Brands acquires Mark Architectural Lighting
Acuity Brands, maker and marketer of lighting products under names including Lithonia and Peerless, has acquired Edison, N.J.-based Mark Architectural Lighting. Terms of the deal were not disclosed.
Mark Architectural Lighting is a high-end manufacturer of lighting products primarily in the Northeast, and particularly in the metropolitan New York market. The company had sales of more than $22 million in 2006.
“This acquisition is part of our broader strategy to enhance our service to the architectural community, particularly in New York City,” said Vernon Nagel, chairman, president and CEO of Acuity Brands.
Scott Coppola, vp and general manager of the Center for Light and Space, the company’s recently opened sales and marketing office in New York, said Mark Architectural Lighting has been growing “rapidly” over the past few years.
“We determined the best way to sustain that growth was to access new resources,” he said.
Acuity Brands is a provider of fixtures under brands including Hydrel, Holophane, American Electric Lighting and Gotham. The company had net sales of $2.4 billion last year.
BlueLinx and CCA Global form partnership
BlueLinx Holdings, one of the industry’s leading building materials distributors, has entered into a logistics partnership with CCA Global Partners, a $10.2 billion organization of flooring retailers, buying groups and other affiliates.
Under the long-term agreement, BlueLinx will deliver CCA Global’s private label flooring line, called Global Direct, to the company’s nationwide network of more than 2,300 retailers. Utilizing its sales force, BlueLinx will create demand for the Global Direct flooring line as well as provide customer service, manage inventory and accounts receivable.
CCA Global will continue to source and own the inventory, which includes approximately 100 skus of solid and engineered wood, laminate and cork flooring. BlueLinx has exclusive rights to distribute the CCA Global Direct flooring line, including delivery of cartons, pallets, truckloads and direct containers.
“This is a ground breaking relationship for CCA Global and an innovative development for our industry,” said Jim Gould, CCA Global chief product officer. “We have worked with BlueLinx for the past year and have been impressed with their capabilities. Our new, expanded relationship allows us to globally source products and leverage BlueLinx’s expertise to manage the sales and inventory process across America, providing just-in-time local delivery.”
George Judd, BlueLinx president and chief operating officer, noted some additional opportunities for his Atlanta-based firm. “BlueLinx is well positioned to offer CCA Global business owners ancillary products that accompany the sale of flooring products, including mouldings, underlayment, fasteners and tools, as well as unfinished hardwood,” he said.
IKEA plans ‘sleepover’ promotion
IKEA is planning a special promotion at an Oslo, Norway, location during which shoppers will be able to spend the night in specially furnished rooms during the week of July 23-27, according to a report by the AFP.
Shoppers will be able to reserve rooms free-of-charge decorated as a bridal suite, luxury suite, a dormitory with bunks and family rooms.
IKEA has dubbed the area the IKEA Hostel, and guests will be able to check in at 10 p.m., one hour before the store closes. Guests will be allowed to take home bathrobes and their bedsheets.
“It will be like an alternative hostel,” company spokesman Frode Ullebust told the AFP. Ullebust added it is the first time IKEA has tried the promotion.