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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