CLEVELAND–(BUSINESS WIRE)– GE Current, een bedrijf uit Daintree, heeft de overname afgerond van de commerciële en industriële (C&I) verlichtingsactiviteiten van Hubbell® Incorporated, waardoor een vooraanstaande onderneming op het gebied van end-to-end verlichtingsoplossingen is ontstaan. De gecombineerde nieuwe business zal worden gebrandmerkt als Current.

• Brengt twee iconische bedrijven samen met een diep innovatie-erfgoed, sterke merken en applicatie-expertise
• Strategisch gepositioneerd om nu alle investeringen te richten op verlichtings- en regeloplossingen
• Verbeterde distributievoetafdruk en digitale tools om gemakkelijker, sneller en efficiënter aan de behoeften van de klant te voldoen
• Sterke nieuwe productpijplijnen en gedeelde gepatenteerde technologieën zullen klanten toegevoegde waarde bieden

GE Current, a Daintree company, Completes the Acquisition of Hubbell® Commercial and Industrial Lighting Business to Create Current

CLEVELAND–(BUSINESS WIRE)– GE Current, a Daintree company, has completed the acquisition of Hubbell^® Incorporated’s commercial and industrial (C&I) lighting business, creating a premier end-to-end lighting solutions business. The combined new business will be branded as Current.

• Brings together two iconic businesses with deep innovation heritage, strong brands and application expertise
• Strategically positioned to now focus all investments into lighting and controls solutions
• Enhanced distribution footprint and digital tools to service customer needs more easily, quickly and efficiently
• Strong new product pipelines and shared patented technologies will deliver added value to customers

“This is an exciting day for Current and Hubbell’s C&I lighting business as we unite to create a powerhouse in the LED lighting and controls market,” said Manish Bhandari, President and CEO, Current. “Together, we have an unmatched breadth and depth of products, solutions and expertise that will yield greater innovation and service for our diverse customer base now, and into the future.”

Hubbell’s C&I lighting business is a leading provider of professional lighting, lighting controls and connected lighting that offers a comprehensive range of indoor and outdoor lighting products for industrial, commercial and institutional applications. Brands that are part of the acquisition include Architectural Area Lighting, Beacon, LiteControl, Kim Lighting, Columbia Lighting, Prescolite, Dual-Lite, Compass, Kurt Versen, Hubbell Outdoor Lighting, Hubbell Controls Solutions and Whiteway.

The combined business now offers an extensive product portfolio of lamps, fixtures and controls, uniquely tailored to C&I, Signage, Roadway, Horticulture and Transportation markets. The acquisition also expands Current’s base of distribution partnerships and specific agent networks for the defined businesses and brands.

About GE Current, a Daintree company

Current enhances commercial and industrial facilities, cities, greenhouses and all specialty applications in between with advanced lighting and intelligent controls. Working with our partners, we deliver the best possible outcomes for our customers. Our trusted brands include Albeo^®, Arize^®, Daintree, Evolve^®, Forum, Immersion^®, LightGrid™, LightSweep^®, Lumination^®, ProLine^®, Tetra^®, TriGain^® and 365DisInFx®. See why Current is always on at www.gecurrent.com and visit Hubbell’s C&I Lighting business at www.hubbell.com/hubbelllightingci/en. Current is part of the American Industrial Partners Fund VI portfolio.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220201006022/en/

Contacts

Jim Benson

james.benson@gecurrent.com
216-534-4155