Status International (UK) Ltd completes acquisition of Maxim Lamps
Cleckheaton-based Status International (UK) Limited (Status), the UK’s leading independent light bulb and accessories supplier, has today announced the acquisition of Sussex firm Maxim Lamps.
The deal signals further growth for the family run business which is looking to increase its market share. Status operates from its head office in Cleckheaton, West Yorkshire where it has a warehouse, distribution centre and in-house design studio that employs in excess of 65 members of staff. In 2014 Status was part of an elite group of national companies that featured on the fastest growing profit stars list compiled by the Sunday Times BDO Profit Track 100.
Status is run by father and son, Peter and Nicholas McVeigh, who between them have over 80 years combined experience in the lighting industry and are celebrating their 25th anniversary this year. The company boasts a customer base across the UK and Europe including major national retailers, wholesalers, independent retailers and electrical wholesalers.
Maxim Lamps is based in Haywards Heath, Sussex and is a well established light bulb supplier that produced its first light bulb in 1879. The company has been run in the UK by the Poytner family since 1910. The firm supplies a range of light bulbs and accessories for industrial applications for example rough service bulbs and candle lamps. Maxim Lamps work with a wide range of customers from retailers and market traders to larger cash and carry outlets and independent and electrical wholesalers in the UK.
Peter McVeigh, Chairman of Status said: “I am delighted with the purchase of Maxim Lamps which will strengthen our existing product range. Maxim Lamps has been a competitor of ours for a number of years and it is a significant addition to our company as we look to grow the business further this year. We intend to retain the Maxim Lamps brand in certain categories. It is very much business as usual for existing Maxim Lamps customers during this period as we look to merge the two businesses.”
Photo: left to right: Peter McVeigh, Chairman at Status and his son Nicholas McVeigh, Director at Status