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    1. Green Market

    Genlyte Thomas Group to Purchase Ledalite

    July 1, 2003
    The Genlyte Thomas Group LLC is planning a major expansion into the fast-growing linear lighting market with the proposed purchase of Ledalite Architectural

    The Genlyte Thomas Group LLC is planning a major expansion into the fast-growing linear lighting market with the proposed purchase of Ledalite Architectural Products Inc., Vancouver. Financial details of the transaction were not disclosed.

    Ledalite, with projected 1999 sales of $40 million Canadian, designs and manufactures lighting for offices, schools, universities, transportation facilities and other commercial/institutional buildings.

    The acquisition would broaden Genlyte's coverage of the linear lighting market because Ledalite has additional strength in transportation lighting and the energy technologies market-two areas the Genlyte Thomas Group has not been active before. The acquisition is expected to be completed before August 1.

    About the Author

    Doug Chandler | Senior Staff Writer

    Doug has been reporting and writing on the electrical industry for Electrical Wholesaling and Electrical Marketing since 1992 and still finds the industry’s evolution and the characters who inhabit its companies endlessly fascinating. That was true even before e-commerce, LED lighting and distributed generation began to disrupt so many of the electrical industry’s traditional practices.

    Doug earned a BA in English Literature from the University of Kansas after spending a few years in KU’s William Allen White School of Journalism, then deciding he absolutely did not want to be a journalist. In the company of his wife, two kids, two dogs and two cats, he spends a lot of time in the garden and the kitchen – growing food, cooking, brewing beer – and helping to run the family coffee shop.

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