Lumea
sold to Employee Ownership Trust
INDUSTRY
Established in 2001 by Alexander Muirhead, Lumea is a leading supplier of premium tabletop lighting for the hospitality sector, renowned for its innovative Liquid Wax Candles—safer, cleaner, and longer lasting than traditional alternatives.
With a strong reputation for quality and reliability, the business has maintained consistent profitability. An exciting new LED lamp range launching in 2026 positions Lumea for significant growth.
Founder Alex Muirhead chose an EOT as the ideal exit strategy, ensuring continuity of values and rewarding a loyal team. Avondale’s involvement was strategic and consultative, helping Lumea articulate its future vision and embed employee engagement frameworks to support the transition.
We delivered a structured change management plan, including leadership coaching and communication strategies. Avondale delivered a turnkey service covering all elements from feasibility analysis, valuation, HMRC clearance, legal structuring, trustee setup, and cultural integration planning.
Avondale is delighted to have guided this transformation and ensured the business is future-ready under employee ownership. This EOT transition secures Lumea’s legacy and empowers its employees.
“Kevin, the Avondale and legal team made the whole process remarkably smooth. They gave great ‘real world’ advice and were always available to discuss issues that came up along the trail. I’d thoroughly recommend Avondale to any company owners thinking of EOT route.“
Alex Muirhead, Lumea












