GE Current will acquire Hubbell C&I lighting business including controls

GE Current has announced plans to acquire the commercial and industrial (C&I) business of Hubbell Inc. Pending regulatory and governmental approvals, Current will pay $350 million for Hubbell Lighting including all of Hubbell Inc.’s lighting-centric businesses except for Progress Lighting.

The deal will encompass a number of Hubbell Brands including Area Architectural Lighting, Beacon, Litecontrol, Kim, Columbia, Prescolite, Alera, Dual-Lite, Compass, Hubbell Outdoor Lighting, and Hubbell Controls Solutions. All of the included brands have a primary business or C&I focus.

Progress Lighting was excluded because of its residential focus that did not align with the Current business.

The Hubbell Controls Solutions business includes a variety of connectivity options and also the LED driver business that at one time went by the name Thomas Research Products.