GE Lighting, a unit of GE Appliances & Lighting, has announced the establishment of GE Lighting Solutions, a combination of the company’s LED business unit, Lumination, based in Cleveland, and its commercial and industrial fixture group, GE Lighting Systems, based in Hendersonville, NC.
“This change reflects our strategy to serve as an industry-leading solutions provider for [...]
Philips has confirmed that it will be combining its lamp and ballast organizations into one, presenting a single contact to distribution for customer service, warranty resolution, shipping, marketing and sales. More on this as information becomes available.
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Grainger, the $6.9 billion broad line distributor of facilities maintenance products, recently announced it signed and closed an all-cash acquisition of Alliance Energy Solutions. Grainger anticipates the transaction should accrete to earnings in 2010 by approximately $0.01 – 0.02 per share. Other terms of the deal were not disclosed.
Alliance Energy Solutions, headquartered in Connecticut, is [...]
Federal Signal Corporation has announced it has completed the sale of its industrial lighting manufacturer subsidiary, Pauluhn, to the Cooper Crouse-Hinds division of Cooper Industries for $35 million.
For over 75 Years, Pauluhn has been providing marine, offshore and industrial lighting products for hazardous locations and corrosive environments. Pauluhn is a supplier of a wide range [...]
Yesterday, we reported that Philips has acquired Italy-based Ilti Luce SpA, an LED design company for architectural indoor lighting. Philips has also recently announced that it has acquired Dynalite, a maker of lighting controls headquartered in Sydney, Australia. Dynalite has become part of the Lighting Electronics business within the Philips Lighting sector.
Dynalite was founded in [...]
Philips has announced that it has reached an agreement to acquire Italy-based Ilti Luce SpA, an LED design company for architectural indoor lighting.
Upon closing of this transaction in the first quarter of 2009, which is subject to certain contractual and other conditions such as regulatory approvals, Ilti Luce will become part of the Professional [...]
Acuity Brands Lighting, Inc. has entered into an agreement (subject to regulatory approval) to acquire 100% of the outstanding capital stock of Sensor Switch, Inc., the $37 million controls manufacturer, for $205 million. Sensor Switch, based in Wallingford, CT, offers energy-saving control solutions such including occupancy sensors, photocontrols and distributed lighting control devices.
“The acquisition of [...]
Cooper Industries has announced the acquisition of Irvine, CA-based Illumination Management Solutions, Inc. (IMS). IMS is a developer of specialized optics and system design for LED luminaires. Terms of the transaction were not disclosed.
IMS designs and manufactures LED systems and luminaires for a variety of lighting applications and has developed an innovation called LightBAR(tm) [...]
