Luceco plc (LSE:LUCE) acquired Dw Windsor Group Limited for £16.9 million on October 12, 2021. The consideration is paid on a cash and debt-free basis and has been paid in cash, funded from the Group's recently announced new debt facilities. The business will continue to operate from its existing headquarters and the senior management team will remain with the business post-acquisition. For the period ending September 2021, DW Windsor Group generated revenue of £23.9 million, Operating Profit of £1.9 million and EBITDA of £2.3 million. Gross assets at the start of the period were £13.3 million. The acquisition is expected to be earnings enhancing from 2022. A team led by Ian Morris including Jemima Clarke, Amanda De Bruyn, Georgie Bogle, Christopher Scerri, Salvatore Anania, Sayem Chowdhury and Maryam Mouzaoui of EMW Law LLP advised the shareholders of Luceco plc in the transaction. Paul Blackmore of CMS von Erlach Partners acted as legal advisor to Luceco.

Luceco plc (LSE:LUCE) completed the acquisition of Dw Windsor Group Limited for £16.9 million on October 12, 2021. Grant Thornton acted as legal advisor to Dw Windsor.