Cooper Industries, Houston, announced the acquisition of Pauluhn Electric from Federal Signal. Pauluhn primarily manufactures hazardous-location lighting, and will join the Crouse-Hinds stable of brands. Terms of the deal were not disclosed.
Pauluhn Electric was founded in 1924 and designs and manufactures a wide range of specialized area lighting and connecting solutions used in offshore and onshore drilling, shipbuilding, mining, petrochemical and other industrial applications involving harsh and corrosive environments.
"(T)his acquisition further extends Crouse-Hinds' access to several key end markets, including marine, mining and offshore drilling," said Cooper Chairman and CEO Kirk Hachigian. "Additionally, Crouse-Hinds' global-leading market position and extensive distribution channel provides a great opportunity to expand Pauluhn's offering to additional harsh and hazardous locations worldwide."
Cooper release