Charleston, S.C.-based Sonepar has entered into an agreement to acquire Michigan-based distributors, Madison Electric Company and Standard Electric Company. Family-owned and operated since Madison’s founding in 1914, and Standard’s in…
Tag: acquisition
Border States to Acquire Dominion Electric Supply Co.
Employee-owned Border States is set to acquire family-owned Dominion Electric Supply Company. The deal is expected to be finalized on May 1, pending regulatory approval. Established in 1940, Dominion has…
Messe Frankfurt Acquires Stake in LightFair
Messe Frankfurt – the organizer of the renowned lighting fair in Europe – will have a presence in the U.S., adding LightFair to its Light + Building brand. Messe Frankfurt…
Kuzco Group Acquires Auroralight, Expands Capabilities
Lighting manufacturer Kuzco Group has announced the acquisition of Auroralight, a commercial-grade outdoor lighting manufacturer based in Carlsbad, California. This strategic move reinforces Kuzco Group’s commitment to pioneering design, innovation,…
Private Equity Firm to Acquire Progress Lighting
Los Angeles-based private equity firm Kingswood Capital Management, LP has entered into a definitive agreement to acquire Progress Lighting from Hubbell® Inc. for a cash purchase of $131 million, subject…
Norwell Lighting Joins Elk Home
Nesquehoning, Pa.-based Elk Home has acquired the brand and inventory of 70-year-old Norwell Lighting, which had been headquartered in East Taunton, Massachusetts. Only Norwell Lighting will join Elk Home; the…
Global Views Joins Surya Family
Just ahead of the Spring High Point Market comes news that giant home decor resource Surya has signed an agreement to purchase Global Views, an ARTS Award-winning manufacturer of home…
SKYX Technologies to Acquire Lighting E-Commerce Group
Fresh from winning an Innovation Award at the 2023 Consumer Electronics Show (CES) and its official debut at Lightovation-the International Lighting Show in Dallas last month, publicly traded SKYX Platforms Corp. (dba…
Bellacor Acquires Creative Lighting, Launches New Strategy
July 18, 2022 Minneapolis-based online lighting, furniture, and home décor retailer Bellacor has announced the intention to purchase Creative Lighting, located in St. Paul, Minnesota. Creative Lighting – an award-winning lighting showroom and…
It’s Official: Ferguson Signs Agreement to Acquire Minka
Amid industry rumors that have been swirling for months, Minka will indeed be under new ownership. Ferguson has signed a definitive purchase agreement to acquire Minka Group, subject to regulatory…