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    Acquisitions

    The company’s acquisition strategy is focused on the following three areas: luminaire companies that come to the market for consolidation, technology companies with strong know-how in connected lighting systems and platforms for services. Below you will find an overview of the acquisitions Signify has announced externally since its IPO in May 2016.
    Strategic rationale: Will reinforce Signify’s market positions in North America, with increased innovation power and more competitive offerings
    Announcement date: 15 October 2019
    Closing date: expected closing in Q1 2020
    Strategic rationale: Strengthens Signify’s position in the supply chain of LED lamps and luminaires. The combined expertise, innovation power and distribution scale enables Signify to deliver cost-efficient innovations to customers faster, including connected lighting offerings
    Announcement date: 26 July 2019
    Closing date: 1 October 2019

    Press release

    Presentation

    Transcript

    Signify to acquire Cooper Lighting Solutions


    On October 15, Signify announced it has entered into a definitive agreement with Eaton to acquire Cooper Lighting Solutions. On Wednesday October 16, Eric Rondolat (CEO) and Stéphane Rougeot (CFO) hosted a conference call at 8:00 CET for analysts and institutional investors to discuss this transaction.
    Strategic rationale: Enables Signify to capture attractive growth in agricultural lighting
    Announcement date: 20 May 2019
    Closing date: 20 & 21 May 2019
    Strategic rationale: Extends Signify’s leadership in connected lighting by stepping into the Wi-Fi-based smart lighting market.
    Announcement date: 16 April 2019
    Closing date: 5 June 2019
    Strategic rationale: Provides a complementary portfolio of luminaires and control systems for the mid-segment of the city façade lighting market and enables Signify to better capitalize on the large and fast growing urban lighting market.
    Announcement date: 14 May 2018
    Closing date: 1 August 2018

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