# GE Current acquires Hubbell's C&I Lighting business for $350M

GE Current, a Daintree company, agreed to acquire Hubbell's Commercial & Industrial Lighting business for $350 million cash. The business generated $515 million in sales in 2020. Closing is expected in Q1 2022.

- Type: Acquisition
- Announced: 2021-11-01
- Where: United States
- Value: $350.0M
- Status: announced
- Products: LED lighting, control solutions
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Hubbell Incorporated](https://endata.com/companies/39062.md) (target)
- [GE Current](https://endata.com/companies/58508.md) (acquirer)
- [Daintree](https://endata.com/companies/58509.md) (partner)

## Sources

- [electricaltrends.com](https://electricaltrends.com/2021/11/01/ge-current-adds-515m-in-sales-with-hubbell-lighting/), 2021-11-02: "Today’s announcement is a win for the industry, combining two leading companies with over 150 years of innovation."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.