Thorn Lighting
Thorn Lighting Ltd, a subsidiary of the Austrian company Zumtobel Group, is a global supplier of both outdoor and indoor luminaires and integrated controls.
Thorn was founded when Sir Jules Thorn started The Electric Lamp Service Company Ltd, in 1928, dealing in incandescent filament lamps. In 1936, renamed Thorn Electrical Industries Ltd, the company was floated on the London Stock Exchange. Continuous post-war expansion followed and the organisation seized a variety of lighting, engineering and consumer electronics businesses, merging with EMI in 1979 to create Thorn EMI, which itself demerged in the mid-1990s.
In 1994, following a leveraged management buy-out, Thorn Lighting Ltd floated on the London Stock Exchange as TLG plc (the Thorn Lighting Group) until it was acquired by Wassall plc four years later. In 2000, Wassall plc was purchased in order to merge TLG with the luminaire business of the Zumtobel Group, an acquisition financed with the assistance of private equity firm KKR who subsequently reduced its position. Thorn is now fully owned by the Zumtobel Group.
Read more about Thorn Lighting: Product Innovation Timeline, Operations, Current Activities
Famous quotes containing the words thorn and/or lighting:
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—Abraham Lincoln (18091865)
“Popular art is normally decried as vulgar by the cultivated people of its time; then it loses favor with its original audience as a new generation grows up; then it begins to merge into the softer lighting of quaint, and cultivated people become interested in it, and finally it begins to take on the archaic dignity of the primitive.”
—Northrop Frye (b. 1912)