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
Related deals
Hemink Groep has been acquired by Gimv
Gimv has acquired a majority stake in Hemink, a Dutch specialist in real estate renovation and maintenance. This transaction marks a new chapter for Hemink, as it seeks to expand its position as a national leader in sustainable property services through its new partnership with Gimv.
Learn moreDigitalXRAID has been acquired by Limerston Capital
DigitalXRAID Ltd., a cybersecurity services specialist, has been acquired by the cybersecurity platform of Limerston Capital, a UK mid-market private equity firm. This transaction marks a significant milestone in DigitalXRAID’s growth journey and supports its ambition to become a leading provider of cybersecurity services in the UK.
Learn moreOGD has been sold to Building Beyond Technology Group
Building Beyond Technology Group (BBTG) strengthens its position in the IT sector by welcoming OGD IT-Dienstverlening (OGD) to its platform. With over 1,400 employees, OGD is an established name in the Dutch market as a mission-critical IT service provider for large-scale clients. This addition not only increases BBTG’s scale but also enhances its domain expertise and execution capabilities through close cooperation with the other platform companies.
Learn more