Genlyte Group Inc., Louisville, Ky., will buy Hanover Lantern, Hanover, Pa., for $26 million in cash.
Hanover Lantern is a privately held lighting fixture company servicing the outdoor commercial, decorative, municipal, and residential markets. The company’s group of products complements Genlyte’s current outdoor product lines, according to Genlyte.
Larry K. Powers, president and chief executive officer of Genlyte Group, said, “We are pleased with the strategic benefits of thi
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