Lumina Datamatics has signed a definitive agreement to acquire a controlling stake in UK-based Sunrise Setting, a boutique company based in Brixham, UK, supporting academic and other publishers including non-publisher organizations to produce more than 500 publications each year.
“The acquisition of Sunrise Setting Ltd. deepens our commitment to our current customers, and also fits with our strategic growth plan. Sunrise Setting Ltd.’s customers will benefit greatly from our broad range of publishing and technology solutions. The depth and experience of Sunrise Setting Ltd. will enhance Lumina Datamatics’ presence in the UK and EU regions and will help us gain a competitive advantage in the publishing space,” said Sameer Kanodia, Managing Director & CEO of Lumina Datamatics.
“There is clear alignment with our company offerings and we are looking forward to taking advantage of the synergies resulting from our collaboration which will be beneficial to customers,” said Jessica Stock and Alistair Smith, Directors, Sunrise Setting Ltd.