L1294 Street Lighting Glass Moulds
BestSoCal Business, a mergers and acquisitions firm is pleased to present a growth and acquisition opportunity for your consideration: many of the original iron-cast air moulds for manufacturing glass globes used for street lighting in municipalities worldwide. These distinctive glass globes, common in many U.S. and European cities, are widely preferred by architects for their historical and nostalgic appeal. The globes are renowned for their exceptional illumination, superior life rating and true economic value. Designed and created 70 years ago by Swedish and Norwegian immigrants, the original iron-cast air moulds are still used today to create the globes. Recreating and manufacturing these air-cast moulds would be very difficult, even with today’s technology. Widely considered works of art, the moulds have historic value, as they have produced globes for virtually every municipality in the United States. The original physical moulds are still in perfect working order, and are now available for purchase. Since 2000, the parent company has been diversifying beyond its traditional glass globe line into wholesale lighting distribution, energy management services, designing/engineering of lighting applications, and turn-key commissioning of lighting upgrade services. As this new direction has prospered, the decorative glass globes have become a non-core business. In an effort to focus on the company’s new direction, the manufacturer, in an unprecedented move, is making the iron-cast air moulds for the glass globes available for purchase. Acquisition of these moulds – by a domestic or foreign fixture, lighting or globe manufacturer looking to expand their business – would provide the buyer with immediate credibility and competitiveness through the historic value and well-known brand name.
Alan Lippincott is a business broker and BestSoCal owner who welcomes calls to (877) 420-6478 and Email Inquiries. His comments should be regarded as general in nature and not taken as advice without a personal consultation and signed agreement.
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