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Lighting Industry

Q3 2024 Acquisitions

David Shiller October 14, 2024
Acquisitions

Here is a quick summary of 7 acquisitions and one restructuring in the third quarter of 2024:

  •  LG acquires Athom smart home platform. Details here.
  • Varaluz reorganizes in Chapter 11. Details here.
  • Panzeri Group (Italy) acquires Luxxbox, acoustic lighting maker. Details here.
  • Sage Publications acquires LD+A magazine from IES. Details here.
  • First Brands Group acquires Lamps and Accessories business from Lumileds. Details here.
  • Undisclosed private investor group acquires Mercury Architectural Lighting. Details here.
  • Affiliate of Kingswood Capital Management acquires Kichler Lighting. Details here.
  • Merit Capital Partners (owns John-Richard) acquires AFX. Details here.

This is 36% less acquisitions than in Q2 2024.

Image: Clipart-Library.com

 

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David Shiller
David Shiller is the Publisher of LightNOW, and Senior Business Development Consultant at Capacity Consulting, a North American consulting firm providing business development services to advanced lighting manufacturers. The ALA awarded David the Pillar of the Industry Award. David has been co-chair of the ALA’s Engineering Committee since 2010. David established MaxLite’s OEM component sales into a multi-million dollar division. He invented GU24 lamps while leading ENERGY STAR lighting programs for the US EPA. David has been published in leading lighting publications, including LD+A, enLIGHTenment Magazine, LEDs Magazine, and more.
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