The news this week that MLS, the Chinese electronics giant that owns LEDVANCE and Forest Lighting, will be integrating Forest Lighting’s U.S. operations into LEDVANCE is one more indicator of just how fast the lighting market is changing these days.
The Luminaires Group's existing stable of lighting brands includes A-Light, Cyclone, Eureka and Luminis.
Current would maintain use of the GE brand under a licensing agreement.
Sale includes Jenbacher and Waukesha gas engines businesses.
The North American consumer lighting business of GE Lighting is not included.
Sternberg’s remaining 20% equity will remain in employee hands and it will operate as an independent company
Bob Smith of IMARK will lead the combined group as president and chief executive officer.
Gross Electric is a third-generation family owned and operated business with locations in Toledo and Northwood, OH, and Ann Arbor, MI.
Acquisitions of Russelectric and Electrocon International expands switchgear and industrial software.