Barron Lighting Group Acquires Growlite
The acquisition expands Barron’s push into horticulture lighting.
Leviton Acquires ConTech Lighting
The acquisition broadens Leviton’s product portfolio.
The Luminaires Group Acquires Luminis
Luminis will remain an independent brand under the new parent umbrella.
Acuity Brands Acquires DGLogik
Acquisition expands Acuity’s IoT portfolio
Lumenpulse Acquires Italian company Exenia
Acquisition expands Lumenpulse’s product portfolio into interiors
Flos Acquires Lukas Lighting
The move bolsters Flos’s North American custom and manufacturing capabilities.
Partnerships, Collaborations, and Transitions
Ways to structure collaborative working relationships for a positive outcome.
Cree Acquires Ruud Lighting
Cree and Ruud Lighting are the latest lighting companies to join the mergers and acquisitions activities that have characterized the lighting industry over the past several years. The announcement, that Cree was acquiring Ruud Lighting, was made on Aug. 17 and involves a stock-and-cash transfer estimated at approximately $525 million. The acquisition of Ruud Lighting gives Durham, N.C.-based Cree, principally known as an LED chip and LED lamp manufacturer, entrée into the luminaire side of the industry. The deal allows Ruud Lighting greater resources to ongoing technological developments in LEDs, and helps them to move faster in meeting market demands for LED products.