Louisville Ladder has acquired 100 percent of the assets of Lite Products Inc., a unit of Supplierpipeline. This acquisition wraps up the Strategic Alliance formed between the companies at the end of 2013.
Lite Products, located in Mississauga, Ontario, Canada, has been a manufacturer and marketer of climbing products in Canada with strong brand recognition in the consumer channel. The Lite Products operations will boost Louisville’s resources in Canada and will compound benefits for both their customers.
Customers will benefit from a strong portfolio of products and brands targeting specific needs and segments. Louisville, a widely renowned brand in the Professional Channel, is an innovator of Climbing Products promoting Safety and Productivity for all ladder users.
Full incorporation of both companies will materialize over a period of three months, during which Louisville Ladder will continuously communicate with customers, suppliers and employees, as needed, to facilitate a smooth transition.
Louisville and Lite employees are excited and looking forward to the possibilities this operation will generate and sure that it will certainly yield advantages for the Canadian Ladder Market and for their loyal customers.
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