Lightech Electronic Industries has been acquired by GE Lighting
September 2011 — Lightech Electronic Industries Ltd. (Lightech) a privately held, advanced lighting power supplies company based near Tel Aviv, Israel, has been sold to GE Lighting for an undisclosed amount.
Lightech specializes in providing LED electronic drivers and halogen transformers to the lighting industry, with operations across the globe.
Lightech joins GE Lighting, engaged in all aspects of lighting technology, research and development, engineering, manufacturing, sales and distribution to build on its strength in power supply design and system optimization. The addition of engineering capability enables GE Lighting to respond to the market need for complete systems and higher-performance drivers and control. In addition to building its own systems, GE will build on Lightech's market presence with OEMs.
Our role in the transaction
Oaklins Cavendish, based in the UK, advised the seller in this transaction.
Talk to the deal team
Related deals
Educbank has been acquired by Cogna
Cogna Educação, through its subsidiary Somos Sistemas de Ensino, has acquired an additional 47% stake in Educbank for approximately US$8.9 million, increasing its ownership from 43% to 90% and consolidating control of the platform. The transaction expands Cogna’s presence beyond its traditional enrollment-driven education business into the financial infrastructure that underpins school tuition collection.
Learn moreLomboser has partnered with Growth Partners Capital
Growth Partners Capital has acquired a minority stake in Lomboser S.A., establishing a strategic partnership to support the company’s next phase of growth and expansion across Iberia.
Learn moreitemedical has been acquired by Halma
itemedical, a Netherlands-based provider of digital platforms that integrate real-time patient data and alarms from a wide range of medical devices to support clinical decision-making and workflow efficiency in hospitals, has been acquired by Halma plc, a global group of life-saving technology companies. The acquisition represents a milestone in itemedical’s development and provides a platform for its next phase of growth. By joining Halma’s healthcare sector as a business unit of Halma subsidiary Static Systems Group (SSG), itemedical will strengthen its position as a provider of digital hospital workflow solutions, benefiting from access to a global network of technology businesses, resources to accelerate innovation and opportunities to expand its international footprint.
Learn more