Organizations
Inteplast Group acquires family-owned ALP Lighting Components
Inteplast Group, a US plastics and paper manufacturer with more than 10,000 employees, acquired ALP Lighting Components on November 1, 2026. ALP, family-owned since its founding in 1972, makes optics, reflectors, louvers and other parts for light fixtures and has nearly 230 employees at four sites…
Organizations
Cree LED to be sold to private equity firm Transom Capital Group
Penguin Solutions has agreed to sell its LED business Cree LED to Transom Capital Group, a US private equity firm, in an all-cash deal. The price was not disclosed. Closing is expected in the first quarter of 2027. Cree LED, which stands for about 10% of Penguin’s projected fiscal 2027 net sales, will then run as a standalone LED company, while Penguin focuses on AI data center infrastructure.
Organizations
PLUTA provisional administrator seeks investor for LED specialist lichtline
PLUTA Rechtsanwalt Peter Roeger has been appointed provisional insolvency administrator for lichtline GmbH after the company filed for insolvency due to liquidity problems from declining sales. The business continues to operate with 27 employees whose wages are covered by insolvency pay for three months, and efforts are underway to secure advance financing. Roeger and colleague Maximilian Wanko are assessing options to continue operations and restructure, while preparing to seek an investor or buyer to take over and run the business long-term. Company management says it remains committed to finding a solution.
Organizations
DigiKey to invest $100M in PDC and order management expansion
DigiKey will invest $100 million over the next 18 months to expand its global Product Distribution Center (PDC) in Thief River Falls, Minnesota, and to upgrade its Order Management System (OMS). The capital will fund additional high-volume picking capacity, automated multi-line packaging systems, and improvements to order-fulfillment and packaging workflows to support the company’s same-day shipping model amid rapid growth. DigiKey expects to support continued double-digit growth after a year of exceptional performance and aims to build capacity ahead of demand by using scalable infrastructure and automation to maintain fast shipping for its global customer base.
Business|Organizations
FeaturedLEDs & Light Sources
31.10.2026
Cree LED Debuts JK5050B 6V LED for Outdoor Lighting
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30.10.2026
Registration opens for Light + Intelligent Building North America 2027
Organizations
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Gallant Capital Partners announces term loan commitments for Lumileds; Chuck Swoboda participates
Organizations
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Signify Austria realigns sales strategy, focuses on indirect partner sales
Organizations
10.9.2026
LightingEurope Warns of a Lack of Ambition in the Harmonisation of Procurement Rules
Organizations
7.9.2026
Lumileds expands Penang manufacturing to boost advanced automotive lighting
Organizations
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Suzi Product Certification is Now Open
