Signify to Purchase Cooper Lighting from Eaton

LDS 7 CS Signify 400

Oct 16, 2019

Eaton has entered into an agreement to sell its recently named Lighting business, Cooper Lighting, to Signify for a cash purchase price of $1.4 billion. The decision to sell the Lighting business comes after completing a comprehensive review of various potential transaction alternatives to maximize shareholder value.

Eaton’s Lighting business is one of the world’s leading providers of LED lighting and control solutions. Its broad range of innovative products and systems are designed to maximize performance and energy efficiency. The business, which had sales of $1.7 billion in 2018, serves customers in commercial, industrial, residential and municipal markets.

“Today’s announcement is another example of how we are actively managing our portfolio to create value for our shareholders,” said Craig Arnold, Eaton chairman and chief executive officer.

The transaction is subject to customary closing conditions and regulatory approvals and is expected to close in the first quarter of 2020. Goldman, Sachs & Co. LLC., is acting as financial advisor to Eaton.

Source

Related Articles

Changing Scene

  • Dec 5, 2025 - Liteline Announces Improvements to Production Facilities to Provide Even More Made in Canada Lighting Solutions

    Liteline Announces Improvements to Production Facility to Provide Even More Made in Canada Lighting Solutions

    Liteline has announced the transformation of their Production Facility! What was once home to their Safety and Performance Test Labs has now been completely repurposed. With those labs relocated and renovated, Liteline’s production team has taken over the space to expand their in-house capabilities, everything from assembling fan favorites to building custom configurations. In this… Read More…

  • Dec 4, 2025 - Wow Lighting and Controls Announces New Partnership with Eterna Light

    Wow Lighting and Controls Announces New Partnership with Eterna Light

    Wow Lighting and Controls is excited to welcome Eterna Light to their lighting family! A Canadian manufacturer based in Côte Saint-Luc, Quebec, Eterna Light specializes in high-end architectural luminaires for commercial, hospitality, and retail projects. Their broad lineup includes downlights, cylinders, track lighting, and advanced backlighting solutions, all designed to bring flexibility, performance, and timeless… Read More…

Design

  • Understanding IK Ratings: Why Impact Resistance Matters in LED Lighting

    Understanding IK Ratings: Why Impact Resistance Matters in LED Lighting

    When selecting your lighting fixtures, performance, efficiency, and longevity are often top priorities. But there’s another critical factor that’s sometimes overlooked — impact resistance, measured by an IK rating. Whether your lighting is installed in a rugged industrial facility or an exposed outdoor environment, understanding IK ratings ensures your fixtures can handle the job safely… Read More…

  • Understanding Melanopic Lighting for Improved Indoor Environments

    Understanding Melanopic Lighting for Improved Indoor Environments

    Light plays a crucial role not only in our ability to see but also in regulating our internal body clock, sleep patterns, and overall well-being. Traditional lighting design primarily focuses on visual comfort and task illumination. However, recent advancements have shed light on the concept of melanopic lighting, which specifically targets the non-visual effects of… Read More…

New Products

  • RENO Lighting: AURA Series – Mini Linear Recessed Spot Light – RENO-LRSL-5CCT-8W-WH

    RENO Lighting: AURA Series – Mini Linear Recessed Spot Light – RENO-LRSL-5CCT-8W-WH

    RENO’s AURA Series Mini Linear Recessed Spot Light offers sleek, unobtrusive lighting with powerful, focused illumination. Ideal for modern interiors, it seamlessly integrates into ceilings or walls, providing a minimalist aesthetic while enhancing the ambiance. Perfect for highlighting art, architectural details, or creating mood lighting in any space. Engineered with a distinctive, deeply set light… Read More…

  • EB Horsman: Philips LED Lamps & TLED Tubes – Efficient Lighting Solutions for Any Space

    EB Horsman: Philips LED Lamps & TLED Tubes – Efficient Lighting Solutions for Any Space

    Looking to upgrade your lighting with high-efficiency LED solutions? Philips offers a wide range of LED lamps and TLED retrofit tubes that deliver energy savings, long life, and professional-grade illumination for commercial and residential projects. Philips LED lamps provide consistent brightness and excellent color rendering, making them ideal for offices, retail environments, warehouses, and homes.… Read More…