Cooper Industries acquires Apex Lighting Controls8 December 2010
Cooper Industries has announced the acquisition of Apex Lighting Controls, a private manufacturer of energy management lighting controls based in the UK.
Apex Lighting Controls is an industry leader in delivering integrated lighting control systems and services to manage lighting and energy usage for commercial, government, and healthcare markets in Europe, the Middle East, and Asia.
This acquisition complements Cooper’s existing lighting controls business, notably the Greengate Energy Management products sold in North American markets, and enhances the overall portfolio with expertise in addressable ballast and digital control technologies. Apex Lighting Controls will become part of the Cooper Lighting division of Cooper Industries.
“The acquisition of Apex Lighting Controls demonstrates Cooper’s ongoing commitment to enhance our existing portfolio of energy-efficient lighting products and continue to add advanced technology into the portfolio,” said Cooper Industries chairman and chief executive officer Kirk S. Hachigian.
“Cooper has an exceptionally strong balance sheet and continues to maintain a focused and disciplined acquisition strategy,” said Hachigian. “We remain committed to building key business and technology platforms that provide substantial growth in more specification-driven end markets.”