M&A Deal Summary

Luminance Brands Acquires Emerson Electric - Ceiling Fan Business

On May 7, 2019, Luminance Brands acquired electrical equipment company Emerson Electric - Ceiling Fan Business from Emerson

Acquisition Highlights
  • This is Luminance Brands’ 1st transaction in the Electrical Equipment sector.
  • This is Luminance Brands’ 1st transaction in the United States.
  • This is Luminance Brands’ 1st transaction in Missouri.

M&A Deal Summary

Date 2019-05-07
Target Emerson Electric - Ceiling Fan Business
Sector Electrical Equipment
Buyer(s) Luminance Brands
Sellers(s) Emerson
Deal Type Divestiture

Target

Emerson Electric - Ceiling Fan Business

St. Louis, Missouri, United States
Emerson Electric Co. - Ceiling Fan Business Appleton and O-Z/Gedney offer light-commercial grade ceiling fan boxes with adjustable and direct mounting options for rehab, retrofit, and new construction.

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Buyer(S) 1

Buyer

Luminance Brands

Los Angeles, California, United States

Category Company
Founded 1951
Sector Electrical Equipment
DESCRIPTION

Luminance Brands has delivered distinctively decorative lighting alongside unparalleled quality and world-class service. Luminance Brands offers a unique collection of lighting solutions under five distinctive brands: Sunset Lighting residential fixtures; Concord Fans; BryteHome IoT-based lighting solutions; ADL lighting components and electrical parts; and Hallmark Lighting custom fixtures. Conveniently located in California, Texas, New York, Missouri, and Illinois, Luminance Brands takes pride in offering an in-stock product with same-day shipping from all five of its distribution centers.


DEAL STATS #
Overall 1 of 1
Sector (Electrical Equipment) 1 of 1
Type (Divestiture) 1 of 1
State (Missouri) 1 of 1
Country (United States) 1 of 1
Year (2019) 1 of 1

Seller(S) 1

SELLER

Emerson

St. Louis, Missouri, United States

Category Company
Founded 1890
Sector Diversified
Employees67,000
Revenue 15.2B USD (2023)
DESCRIPTION
Emerson Electric's corporate headquarters in St. Louis, Missouri.
Emerson Electric's corporate headquarters in St. Louis, Missouri.

Emerson is a diversified manufacturing and technology company. Emerson offers a wide range of products and services in the industrial, commercial, and consumer markets through its Process Management, Industrial Automation, Network Power, Climate Technologies, and Commercial & Residential Solutions businesses. Emerson was founded in 1890 and is based in St. Louis, Missouri.


DEAL STATS #
Overall 20 of 26
Sector (Electrical Equipment) 9 of 9
Type (Divestiture) 19 of 25
State (Missouri) 2 of 3
Country (United States) 17 of 23
Year (2019) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-04-16 Bio-G

Berkeley, California, United States

Bio-G (Bioproduction Group) is a provider of simulation, modeling, and scheduling software for biomanufacturing. Life sciences companies continually look to accelerate the production of patient therapies and the Bio-G Scheduling software helps them accurately predict future plant resource availability to optimize manufacturing production. The scheduling software delivers an instantaneous view, accessible across an organization, into the current and future state of the plant, providing decision support to help increase facility uptime and reduce schedule-related product losses.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-07-08 Zedi - Software & Automation Businesses

Calgary, Alberta, Canada

Zedi, Inc. - Software & Automation Businesses is a cloud supervisory control and data acquisition (SCADA) platform.

Buy -