Ideal Industries acquires CMD LTD

SYCAMORE - Ideal Industries said it has acquired CMD Limited UK, which integrates power and technology with furniture for a broad range of large scale office and commercial markets.

Terms of the acquisition were not announced. Both companies are privately owned with CMD headquartered North of London in Rotherham, South Yorkshire, United Kingdom.

CMD designs, manufactures and customizes a complete range of workplace power management products for below the floor (e.g. busbar, floor boxes) and above the floor (e.g. power modules, CPU supports, monitor arms and cable management solutions) installations. The company's products and expertise help architects, designers, office managers and contractors run power and technology in new construction and retrofit commercial projects. CMD now provides UK, European and Middle Eastern commercial and office markets with easy, single-source customization and manufacturing capability.

"This is a great fit for us," said Ideal Industries Chairman and CEO Jim James. "CMD strengthens our ability to help large scale businesses simply and seamlessly expand power and technology throughout their workspaces. Their technical expertise and market reputation will help us accelerate European acceptance for both our new wireless lighting control and mobile device charging systems."