Amerlux will complement Delta’s overall offerings in and around the building space, with its excellent product portfolio and strong customer relationships
Delta Electronics, Inc., a leading global provider of power and thermal management solutions, announced that it will acquire lighting solutions company Amerlux to enhance its Internet of Things (IoT)-based green solutions for smart buildings and cities.
Delta Electronics (Netherlands) B.V., a wholly-owned subsidiary of Delta signed a definitive agreement to acquire 100 per cent of Amerlux’s interests for US$ 90 million. The transaction is likely to be concluded during the second quarter of this year.
As part of its long-term growth strategy, Delta is focusing on building automation. The proposed deal is likely to benefit the customers with a wider range of Delta’s IoT-enabled smart green solutions for sustainable buildings and smart cities. These solutions include building automation, surveillance, commercial and industrial LED lighting, energy management and indoor environmental quality systems.
Commenting on the development, Ping Cheng, Chief Executive Officer, Delta, said, “As a world-class corporate citizen committed to enabling energy conservation and lower carbon emissions for mankind, Delta continues to broaden its solutions portfolio to improve the energy efficiency, security and comfort of buildings and cities. Lighting is an integral focus for Delta because, in the IoT era, it is an ample source of crucial data for the optimisation of smart automation systems.”
Advantages to customers
“Amerlux has a strong reputation in the field of architectural LED lighting, which we believe will enhance Delta’s profile as a total solutions provider. The combined offering of our companies will deliver substantial advantages to our customers and channel partners. Amerlux’s existing facilities in Oakland, New Jersey will continue to produce interior and exterior lighting products, and the current management and employees of Amerlux will remain in place,” Cheng said.
Chuck Campagna, President and CEO of Amerlux, said, “We are delighted to become part of Delta as this will help Amerlux become a total lighting systems provider. Delta’s comprehensive portfolio of products and solutions in the areas of smart building automation and energy management can be integrated with Amerlux’s line of LED luminaries. By complementing strengths from both sides, we will be able to provide enhanced value to our customers and further our position in the smart lighting market.”
Amerlux, a leading brand of architectural LED lighting solutions, provides innovative high-end outdoor and indoor luminaires with a major focus on aesthetics, lighting quality and energy efficiency. The company will complement Delta’s overall offerings in and around the building space, with its excellent product portfolio, strong customer relationships and industry reputation.