CoolLED Ltd. has been purchased by Judges Scientific plc, an AIM-listed company, to become the eleventh company to join the group which specialises in the design and production of scientific instruments. This is an exciting development for CoolLED as the company continues to grow and address the worldwide market for its range of LED illumination systems. As part of a larger organisation, there will be greater resources for continued growth.
The original shareholders had recognised that it was the correct time for the company’s continued development to be with a larger organisation. They concluded that Judges was the most appropriate new owner with its track-record as a successful investor in similar scientific instrument companies. CoolLED will continue to operate as an independent business within the Judges group.
A range of new generation pE-Series Illumination Systems for fluorescence microscopy applications has seen excellent growth for CoolLED in recent years. As market acceptance of LEDs continues, the company is confident of further growth and success in all its markets.