SYCAMORE, Ill. — IDEAL Industries, Inc. Chairman and CEO Jim James announced the acquisition of CMD Limited UK, which integrates power and technology with furniture for a broad range of large scale office and commercial markets. Both companies are privately owned with CMD headquartered North of London in Rotherham, South Yorkshire, United Kingdom.
“This is a great fit for us,” said James. “CMD strengthens our ability to help large scale businesses simply and seamlessly expand power and technology throughout their workspaces. Their technical expertise and market reputation will help us accelerate European acceptance for both our new wireless lighting control and mobile device charging systems.”
CMD designs, manufactures and customizes a complete range of workplace power management products for below the floor (e.g. busbar, floor boxes) and above the floor (e.g. power modules, CPU supports, monitor arms and cable management solutions) installations. The company’s products and expertise help architects, designers, office managers and contractors to quickly, easily and attractively run power and technology in new construction and retrofit commercial projects.
CMD now provides fast-growing UK, European, and Middle Eastern commercial and office markets with easy, single-source customization and manufacturing capability.
James believes there are tremendous synergies between CMD and the company’s new Advanced Power Solutions platforms, Audacy ® Wireless Lighting Control and Power Puck™ a revolutionary mobile device charging system being launched in international airports this spring.
Tagged with acquisition, Ideal, tED