RR Kabel to acquire fans and lighting business of Luminous from Schneider Electric

RR Kabel announced it will acquire the fans and lighting business of Luminous, a brand owned by Schneider Electric. The deal value was not disclosed. The Luminous brand will be retained for about four years.

“RR Kabel, in a virtual media conference a short while ago, announced that it would be acquiring the fans and lighting business of Luminous – a brand owned by Schneider Electric.”tndindia.com

• 2 sources
• tndindia.comRR Kabel to acquire fans, lighting business of Luminous - Your Gateway to Power Transmission & DistributionT&amp, D IndiaApr 13, 2022
• cnbctv18.comRR Kabel acquires Luminous Power's HEB from Schneider, plans IPO in Q4 2023 - CNBC TV18PTIApr 13, 2022

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