efectoLED completed the acquisition of Lyco Group.

Miura Partners-backed efectoLED, an online lighting LED provider, completed the acquisition of Lyco Group, an online distributors of lighting products. Financial terms were not disclosed. “efectoLED is taking firm steps to become the European leader in on-line lighting and has already a solid base to tackle its future international expansion plan. The acquisition of Lyco, the upcoming logistics center in northern France and the structural foundations in team, systems and logistics capacity, will allow the company to continue growing at double digit with high profitability levels as it has been doing in recent years,” Jordi Alegre, Miura Partners Managing Partner.