Cooper Industries Ltd. acquired safety grate manufacturer GS Metals and Clarity Lighting, a manufacturer of light-emitting diode (LED) lighting products, for a combined total of $49 million.
The Houston-based diversified manufacturer said it has completed 10 acquisitions and joint ventures this year, aimed at enhancing its core businesses, responding to customer needs and growing its global footprint.
Pinckneyville, Ill.-based GS Metals makes customized metal safety grating systems, bolted framing and ladder and wire basket cable trays.
Weston-super-Mare, England-based Clarity Lighting makes LED architectural lighting and controls.
“The acquisition of GS Metals complements our existing Cooper B-Line product offerings and enables us to offer more highly-engineered and customizable safety and support solutions to our customers in the industrial and commercial construction end-markets,” chairman and CEO Kirk Hachigian said. “Clarity Lighting, which will report through Cooper Menvier, specializes in white light and red/green/blue LED color-changing technical lighting for commercial construction applications and signals our ongoing commitment to further strengthening our existing global offering in LED solutions.”
Source: Industrial Distribution