Lighting Industry

Q4 2024 Acquisitions

David Shiller February 27, 2025

Here is a quick summary of 6 acquisitions and one divestment, in the fourth quarter of 2024:

PE Firm acquired Techlight. Details here.
Acuity Brands acquired QSC, LLC, an audiovisual solution manufacturer. Details here.
Beghelli was acquired by GEWISS, both Italian companies. Details here.
Siemens acquires Toggled as part of Altair Engineering acquisition. Details here.
Investment firm Perpetual Limited sold off its stake in Beacon Lighting Group Limited. Details here.
Focus Lighting and Fixtures Limited agreed to acquire the remaining 49% stake in Xandos Lighting And Fixtures Private Limited. Details here.
Garmin acquired Lumishore, a leading marine lighting manufacturer.

Reviewing the 2024 lighting manufacturer acquisitions by quarter reveals a significant slowdown in M&A activity through 2024:

Q1: 11

Q2: 11

Q3: 7

Q4: 6

Image: Clipart-Library.com

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