Q2 2025 Acquisitions

Here is a quick summary of 11 acquisitions and four closures / liquidations, in the second quarter of 2025:

• Fagerhult acquires Trato TLV Group. Details here.
• Utopia Lighting files for bankruptcy. Details here.
• PE firm acquires Intermatic. Details here.
• Acuity acquires M3 Innovation (sports lighting). Details here.
• Delviro Energy liquidates. Details here.
• DALS Lighting acquires Remington Lighting. Details here.
• Feit Electric acquires USI. Details here.
• CIANA Lighting acquires Varaluz. Details here.
• Lutron acquires Orluna LED Technologies Ltd. Details here.
• Hansab Group acquires C2 SmartLight (Finland). Details here.
• Rebelle Architectural Lighting closes after 45-years. Details here.
• LED Roadway Lighting acquires Evluma. Details here.
• Elk Lighting liquidates. Details here.
• Axis Lighting acquires Picasso Lighting. Details here.
• Manufacturing Corporation of America acquires Fossil Industries. Reopens metalworking facility. Details here.

Reviewing the lighting manufacturer acquisitions by quarter reveals a major rebound in M&A activity over the past 18 months, as well as an increase in closures / liquidations.

Q1 2024: 11

Q2 2024: 11

Q3 2024: 7

Q4 2024: 6

Q1 2025: 4

Q2 2025: 11

Image: Clipart-Library.com

David Shiller

David Shiller is the Publisher of LightNOW, and President of Lighting Solution Development, 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 co-chaired 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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