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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Luceco - Acquires DW Windsor

December 2021

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • LUCE
  • Price:
  • 395p
The shares resumed their upward trend after Luceco announced the acquisition of DW Windsor, a Hertfordshire based exterior lighting and networking specialist for £16.9m.DW Windsor operates three business units. DW Windsor designs and makes high quality outdoor and streetlighting equipment for the specification market on behalf of UK local authority customers. Urban Control provides network solutions for infrastructure assets facilitating data collection and control, including monitoring and control of streetlights. Finally, Pulsar supplies architectural floodlighting solutions for landmark buildings across the world.The acquisition implies an exit multiple of 8.9x DW Windsor’s operating profit for the year ended S ...

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With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

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