Wednesday, October 23, 2024
HomeNewsLumishore acquired by Garmin

Lumishore acquired by Garmin

Garmin has acquired Lumishore, manufacturer of high-performance LED lighting systems in a move that sees the electronics manufacturer moving into a new market segment.

Lumishore was founded more than 15 years’ ago and provides LED lighting systems to a variety of vessels from runabouts to superyachts.

“Lumishore brings an exciting new product category that complements Garmin’s existing marine portfolio and furthers our ability to provide seamless vessel integration,” said Jarrod Seymour, Garmin vice president, marine segment leader.

“As a technology leader in LED lighting, Lumishore will expand Garmin’s innovative solutions all around the vessel.

“Together, we look forward to delivering unmatched LED lighting technology to our customers around the world.”

Boating experience

Eifrion Evans, Lumishore founder and CEO, added: “Since our founding, Lumishore has been passionate about creating innovative products that enhance the boating experience.

“Garmin shares our passion for serving the marine industry, making them an ideal company to carry Lumishore into the future.”

He added: “We look forward to a bright future working together as we continue to elevate the lighting experience for our customers.”

Lumishore offers a range of single, dual and full-colour change underwater and above-water lighting systems.

The privately owned company is headquartered in Swansea, UK, with a distribution centre in Sarasota, Florida and carries out in-house R&D and production. Its employees will become part of the global Garmin workforce.

Financial terms of the acquisition are not being disclosed.

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