Lightech Electronic Industries has been acquired by GE Lighting
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.
Oaklins Cavendish, based in the UK, advised the seller in this transaction.
Talk to the deal team
Smoove has received a cash acquisition proposal by PEXA
Smoove plc has received an all-cash offer from PEXA Group Limited (ASX: PXA).Learn more
Seniovo GmbH has been acquired by HORNBACH Baumarkt AG
The shareholders of Seniovo GmbH have sold the company to HORNBACH Baumarkt AG.Learn more
Nordian joins the shareholder base of Wetac to support further growth
Nordian, a Netherlands-based private equity firm, has joined the shareholder base of Wetac, a leading supplier of batteries and battery systems for various applications and end markets.Learn more