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Lighting Industry

Nessen Lighting and D’ac Lighting Acquired from Philips by Management

Nessen Lighting has announced that it has been purchased from Philips Lighting, which owned the company since early 2008, along with sister company D’ac Lighting, launched by Nessen in 1995, by a newly formed holding company called Coldstream Group, owned and run by Nessen Lighting’s management. The announcement was made jointly by Charles J. Florio, now chief executive officer, and Robert N. Haidinger, Jr., now president, of both manufacturers.

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Craig DiLouie
Industrial lighting ad showing a rugged, jail-shaped vapor-tight jelly jar with ceiling and wall mounts; text reads 'Built for demanding environments' and 'Adjustable Vapor Tight Jelly Jar' behind a textured metal background, 'Naturaled 25 yrs' logo at top left.

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