For Immediate Release
July 5th, 2015
ELK Group Acquires Lamp Works
Nesquehoning, Pennsylvania - ELK Group International has added Lamp Works, a portable lamp supplier based in Carol Stream Illinois, to its roster of companies which span the lighting and home furnishing categories through such brand names as ELK Lighting, Dimond Home, Lazy Susan, Sterling, GuildMaster, Alico and ELK Hospitality.
Lamp Works, founded in 1994, is known for offering a unique style of decorative lamps at competitive price points to the designer, showroom and hospitality channels. ELK Group’s portable offering will be expanded to over 500 different lamp styles in a wide range of sizes and price points. “Lamp Works’ beautiful array of exclusive styles will complement our existing selections, broaden our price range while expanding our presence in the hospitality arena”, states Bradford Smith, CEO of ELK Group.
According to the agreement, ELK Group has purchased certain assets of Lamp Works that includes the inventory, trade name, hospitality resources and website. The operations and inventory will move from Carol Stream, Illinois to ELK Group’s headquarters in Pennsylvania where it maintains 1.2 million square feet of warehouse space to handle all of its product storage and distribution.
“We provide opportunities for customers to combine their purchase orders from our different lines in order to save on shipping expenses,” Smith explains, adding that having such a broad mix of categories allows retailers to unlock higher margins with our lines through these types of customer centric programs.
Lamp Works will retain showrooms at the major industry shows in Atlanta, Dallas, High Point and Las Vegas. A new product release and consolidated catalog will be scheduled in the upcoming months.
ELK Group International, headquartered in Nesquehoning, PA, is a premier designer and importer of indoor and outdoor residential, designer and commercial lighting fixtures, decorative accessories and furniture. Through their vast distribution network, they function as a single source provider for a variety of complimentary furnishing categories. Their award winning team of international designers and engineers create coordinating products with uncompromising detail while ensuring each item is crafted to exceptionally high standards of quality, innovation and design.
The company founded in 1983 distributes over 9,000 products under ELK Lighting, Landmark Lighting, Alico, Nulco, Artistic, Cornerstone, Lazy Susan, Dimond, Dimond Home, Sterling, Bailey Street, ELK Hospitality, Baldinger, GuildMaster and Mirror Masters. Products are available at a network of lighting and furniture showrooms, electrical wholesale distributors, department stores and specialty home improvement companies throughout the world.