Signify , the Dutch-based lighting company, has agreed to buy U.S. firm Cooper L...
), the Dutch-based lighting company, has agreed to buy U.S. firm Cooper Lighting Solutions from Eaton Corp. for $1.4 billion in cash to boost its presence in North America.
The acquisition is the largest by Signify, the world’s largest lighting maker that was formerly known as Philips Lighting, since it was spun off from Philips in 2016. “With Cooper we are getting a very large player in North America professional. They have great market positions, they have a large agent network, they have very deep customer relationships, they have great brands over there.”Peachtree City, Ga.-based Cooper Lighting Solutionst sells professional lighting and controls under the Corelite, Halo, McGraw-Edison and Metalux brands.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Signify to buy Cooper Lighting from Eaton for $1.4 billionSignify , the Dutch-based lighting company, said on Tuesday it has agreed to buy...
Read more »
Signify to buy Cooper Lighting from Eaton for $1.4 billionSignify , the Dutch-based lighting company, said on Tuesday it has agreed to buy...
Read more »
Top 34 bestselling 'fruit' drinks for kids deemed unhealthyAmericans spent $1.4 billion on the most popular brands of children's fruit drinks and flavored waters last year. Yet according to nutritional guidelines, none of the drinks were healthy.
Read more »
Volkswagen pauses $1.4 billion investment in Turkey over Syria invasionVolkswagen has paused a planned $1.4 billion investment in Turkey as a result of the country's military offensive in Syria.
Read more »
Buyout firm Thoma Bravo adds Sophos to its cybersecurity chest with $3.8 billion dealU.S. private equity firm Thoma Bravo is adding Sophos Group to its cybersecurity...
Read more »
Parsley Energy to buy Jagged Peak in $1.62 billion shale expansionU.S. shale producer Parsley Energy Inc on Monday agreed to buy smaller peer Jagg...
Read more »