As the lighting control market continues to grow and lighting designers and specifiers drive demand for more innovative and contemporary lighting solutions, we may see CE manufacturers make the move into lighting to fill this need in the market.
That's certainly what Legrand, North America, is up to, after announcing yesterday its move to acquire Pinnacle Architectural Lighting, a manufacturer of lighting fixtures and architectural systems for commercial, educational and healthcare applications.
Pinnacle's products and expertise will help Legrand expand its lighting and building control capabilities, not to mention networking, design and user experience. Pinnacle manufactures lighting products that are architecturally designed and meet stringent code requirements.
“Pinnacle was built on a foundation of providing creative lighting products and excellent service for the architectural lighting community,” says Michael Moore, president of Pinnacle Architectural Lighting. “With the acquisition by Legrand, we can accelerate growth by leveraging their global reach, infrastructure, and technology to bring new architectural lighting solutions to our customers.”
The hope is that collaboration between Pinnacle and Legrand will lead to more innovative, technologically-advanced lighting solutions that are attractive to the design and specification community.
“Advancements in digital lighting technology is changing how we light and control spaces. With the acquisition of Pinnacle, Legrand expands its ability to bring innovative, attractive, and solution-oriented products that meet customer’s evolving needs,” says John Selldorff, CEO, Legrand, North & Central America. “Pinnacle’s attention to design and service, customer focus, and technology innovation align perfectly with Legrand’s strategic market approach.”
Legrand and Pinnacle expect to complete the transaction within the next two months.