XanLite North America acquired by Enchante Lites
Decorative lighting products manufacturer Enchante Lites has acquired the distribution of French lighting company XanLite in North America for an undisclosed price.
Through the acquisition, Enchante Lites will be adding unique “made in France” designs and trends to its portfolio, thereby enabling newly rebranded XanLite North America to grow its consumer products in the US, Canada and Mexico.
Aharon Franco – EVP of Enchante Lites said: “By expanding XanLite into our portfolio, we recognize the unique opportunity to continue to provide quality decorative lighting products, while planning for a shift in trends, as European styles become mainstream in North America.”
Serge and Yann Addad – founders of XanLite said: “This is an opportunity for XanLite to export its “European designs” to the USA, Canada and Mexico, and also to share its 22 years of experience in the LED and lighting industry with North America.
“With Enchante Accessories being a leader in the North American market, XanLite was the most legitimate European player for this association with Enchante Lites.”
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