|

IDEAL INDUSTRIES, Inc. Has Sold Cree Lighting to CLNA Holdings, LLC, a Member of the ADLT Family of Lighting Companies

September 11, 2023

Cree Names Daniel Castillo as President of Lighting

IDEAL INDUSTRIES, Inc. has sold Cree Lighting to CLNA Holdings, LLC, A member of the ADLT family of lighting companies. ADLT is a global innovator and manufacturer of energy efficient lighting fixtures and materials with 25+ years of lighting industry experience and a global portfolio of complementary businesses. The terms of the deal are confidential. 

Today’s announcement successfully positions Cree Lighting for a strong future. Since its 1995 inception, ADLT has achieved success due to its passion for innovation and dedication to putting customers first – and they recognize these same strengths in Cree Lighting. ADLT is now expanding its lighting leadership worldwide with the addition of Cree Lighting as a key growth driver in the North and Latin American commercial markets. ADLT is committed to supporting and positioning Cree Lighting for its long-term success given the strong business synergies, their strong customer focus, and strength in global operations.  

Cree Lighting will be positioned as a standalone company, and while our day-to-day operations won’t materially change as a result of our new ownership, we will build on the shared principles and expertise to advance both our legacy and ability to deliver better lighting experiences for our valued customers. 

Related Articles

Changing Scene

Design

  • Canada Light Expo: Energy Efficient Lighting Solutions for Modern Businesses

    Canada Light Expo: Energy Efficient Lighting Solutions for Modern Businesses

    In today’s competitive business landscape, organizations are constantly seeking ways to reduce operational costs, improve sustainability, and foster productive work environments. Among the most impactful yet often overlooked areas of optimization is lighting. As businesses strive to balance profitability with environmental responsibility, energy efficient lighting has emerged as a strategic investment rather than just a utility… Read More…

  • Eralux: Lighting Project – Creative Office – Elevating Office Design with Flexy

    Eralux: Lighting Project – Creative Office – Elevating Office Design with Flexy

    Lighting plays a crucial role in shaping the ambiance and functionality of any space, and this office project is a perfect example of how innovation meets design. Featuring Flexy by Eralux, this stunning installation brings a dynamic and fluid lighting solution that enhances the architectural elements of the space. With its flexible, continuous illumination, Flexy seamlessly integrates… Read More…

New Products

  • RENO Lighting: Story J-Type Architectural Track Heads

    RENO Lighting: Story J-Type Architectural Track Heads

    RENO Lighting’s STORY Series Juno Track Light luminaire offers a unique integrated built-in driver and anti-glare design, simple and stylish. The J-Type track light head offers an adjustable, scalable lighting solution for residential and commercial applications. The structural arm provides a wide range of motion and maintains placement for precise illumination. Perfect for retail locations… Read More…

  • Liteline: SIGMA 2 Trimless – Designed to Disappear

    Liteline: SIGMA 2 Trimless – Designed to Disappear

    Let the ceiling disappear and the lighting do the talking with the all-new SIGMA 2 Trimless. Featuring a redesigned push-button clip, the fixture’s trim is secured directly into the mudding adapter, delivering a flush, plaster-integrated finish with no visible trim. The result is an uninterrupted ceiling, backed by the performance SIGMA 2 is known for. This… Read More…