Hubbell Lighting, A Core Business Platform of Hubbell Incorporated, Acquires Norlux
Norlux has been acquired by Hubbell Lighting
The Principals of True North Strategic Advisors, LLC (“True North”) advised the owners of Norlux on the sale of the company to Hubbell Lighting. The transaction was effective July 15, 2013.
Located in Carol Stream, IL, Norlux is a leader in the development of custom LED solutions and partners with original equipment manufacturers (OEMs), distributors, engineers, and designers to create, develop and build LED solutions for their specific applications.
The Norlux purchase immediately increases Hubbell Lighting’s scale and resources devoted to designing and manufacturing LED lighting systems including their best in class LED packaging, optical design, electronic control and thermal management capabilities. Norlux’s experienced employees, quick turn prototyping and lean manufacturing capabilities will assist Hubbell Lighting and other manufacturers in quickly taking projects from vision to fruition.
The Principals of True North, acting in the capacity of registered agents of Burch & Company, Inc. (“Burch”), were the lead strategic and financial advisors to Norlux on the sale of the business. In order to assist True North with securities related transactions, its principals are registered investment banking agents of Burch & Company, Inc, member FINRA/SiPC. Burch and True North are not affiliated entities.
