Liberum appointed as Joint Corporate Broker to Luceco plc
We are pleased to announce that Liberum has been appointed as Joint Corporate Broker to Luceco plc.
Luceco is a leading manufacturer and distributor of high quality and innovative wiring accessories, LED lighting and portable power products for a global customer base. The Group supplies a blue chip and diversified customer base of trade distributors, retailers, wholesalers and project developers with a wide range of products which fall into the market recognised brands of Luceco (LED Lighting), British General (Wiring Accessories), Masterplug (Portable Power) and Ross (AV Accessories).
Luceco operates a fully integrated operating model which includes wholly-owned manufacturing and product development facilities in the UK and China that enables the Group to maintain strong control over its cost base and the quality of its products while allowing Luceco to bring products to market quickly and at low cost.
Luceco is listed on the Premium Segment of the Main Market and has a market capitalisation of c.£180m.
Liberum has been appointed as the Company’s Joint Corporate Broker alongside Numis.
Liberum Team
Investment Banking – Bidhi Bhoma, Joshua Hughes, Euan Brown, William Hall
Research – Daniel Cunliffe, Christian Hinderaker
Sales – Edward Blair
CIR – Joel Knight