ABB Acquires Lumin to Expand Residential Energy Management in North America

January 14, 2025

ABB has acquired U.S.-based Lumin, a provider of residential energy management hardware and cloud software, following a 2023 strategic minority investment. The acquisition brings Lumin's load-management hardware, integrations for solar and storage, and homeowner-facing software into ABB's Electrification portfolio to broaden its North American home electrification and smart-home offerings.

Buyers
ABB
Targets
Lumin
Industry
Energy
Location
Virginia, United States
Transaction Type
Buyout

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