NEWS

Zumtobel has put Space Cannon, its innovative German LED luminaire subsidiary, into receivership after discovering that its product range failed to comply with standards.

Founded in 1988 by Bruno Baiardi, Space Cannon was acquired by Zumtobel in 2007 following Mr Baiardi’s death. At the time, the company reported annual sales of about £6 million.

Zumtobel said Space Cannon’s product portfolio failed to comply with international norms and standards, which was unknown to Zumtobel when it acquired the company. After discovering the product deficiencies in recent months, Zumtobel decided to apply for liquidation. Operations will be discontinued, affecting 47 employees.

‘While we regret this step, particularly in view of the highly motivated workforce at Space Cannon, we have no alternative,’  said Zumtobel’s chief executive, Harald Sommerer. ‘Given the substantial negative legacy of Space Cannon, we were forced to admit that the company is no longer viable.’

RELATED
Osram lamps are Which? best buys

Osram’s LED and energy-saving lamps have performed well in the latest bulb test by Which?, the independent consumer organisation. Which? carried out in-depth tests on 40 products from six manufacturers

RELATED
Ligman appoints senior manager

Andrew Smith is now the lighting solutions manager at Ligman in it’s recently-launced UK operation