Stampede Europe Acquires Just Lamps
Stampede has announced that its European subsidiary Stampede Europe has acquired all of the assets of Just Lamps, including the affiliated brand Diamond Lamps.
According to Stampede President & COO Kevin Kelly (pictured) and Just Lamps Managing Director Dave Bethell, the acquisition meets the strategic growth objectives of both companies, with Stampede now having distribution services in the United States, Canada, Latin America, Europe, Asia, and Australia.
Just Lamps’ team of experts will become part of Stampede’s sales team and will continue to operate from its current UK headquarters in Thatcham. All Just Lamps senior management, including Dave Bethell, will continue to work for the company. Just Lamps will also continue to sell replacement lamps under its own name, with new Stampede products to be added to their offerings over time.
The acquisition is the latest in a series of strategic moves Stampede has undertaken. This past February, the company announced its expansion into the European market with the launch of Stampede Europe.