Elite Lighting Acquires Assets of Edison Price Lighting
October 12, 2020
California-based Elite Lighting won a bankruptcy auction to purchase the assets of Edison Price Lighting after outbidding GE Current (a Daintree company) with a $4.15 million bid. The purchase—subject to court approval—transfers the historic Edison Price brand and product assets to Elite, enabling Elite to expand its architectural and track-lighting portfolio.
- Buyers
- Elite Lighting, GE Current, a Daintree company
- Targets
- Edison Price Lighting
- Sellers
- Edison Price Lighting
- Industry
- Building Products
- Location
- New York, United States
- Transaction Type
- Buyout
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