# 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.

- Type: Acquisition
- Announced: 2022-04-13
- Where: India
- Status: announced
- Products: fans, lighting products
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Schneider Electric](https://endata.com/companies/2048.md) (partner)
- [Schneider Electric](https://endata.com/companies/2048.md) (target)
- [RR Kabel](https://endata.com/companies/62282.md) (acquirer)
- [Luminous](https://endata.com/companies/62283.md) (target)
- [Luminous Power](https://endata.com/companies/62299.md) (target)

## Sources

- [tndindia.com](https://www.tndindia.com/rr-kabel-to-acquire-fans-lighting-business-of-luminous/), 2022-04-13: "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."
- [cnbctv18.com](https://www.cnbctv18.com/business/rr-kabel-acquires-luminous-powers-heb-from-schneider-plans-ipo-in-q4-2023-13148432.htm), 2022-04-13: "This acquisition will further strengthen RR Kabel's consumer electrical goods business, which has a portfolio of fans, lights and appliances."

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