| | |

IDEAL INDUSTRIES, Inc. Has Sold Cree Lighting to CLNA Holdings, LLC, a Member of the ADLT Family of Lighting Companies

September 11, 2023

cree lighting logo

IDEAL INDUSTRIES, Inc. has sold Cree Lighting to CLNA Holdings, LLC, A member of the ADLT family of lighting companies. ADLT is a global innovator and manufacturer of energy efficient lighting fixtures and materials with 25+ years of lighting industry experience and a global portfolio of complementary businesses. The terms of the deal are confidential. 

Positioning Cree Lighting for the Future

Today’s announcement successfully positions Cree Lighting for a strong future. Since its 1995 inception, ADLT has achieved success due to its passion for innovation and dedication to putting customers first – and they recognize these same strengths in Cree Lighting. ADLT is now expanding its lighting leadership worldwide with the addition of Cree Lighting as a key growth driver in the North and Latin American commercial markets. ADLT is committed to supporting and positioning Cree Lighting for its long-term success given the strong business synergies, their strong customer focus, and strength in global operations.  

Cree Lighting will be positioned as a standalone company, and while our day-to-day operations won’t materially change as a result of our new ownership, we will build on the shared principles and expertise to advance https://www.creelighting.com/both our legacy and ability to deliver better lighting experiences for our valued customers. 

To learn more about Cree Lighting, click here.

To learn more about Ideal Industries, click here.

Related Articles


Latest Articles

  • DMF Lighting Launches Illuminated Room Signage for Multifamily, Hospitality, Healthcare & Mix-Use Spaces

    DMF Lighting Launches Illuminated Room Signage for Multifamily, Hospitality, Healthcare & Mix-Use Spaces

    California-based DMF Lighting, a leading architectural lighting manufacturer of premium modular LED downlighting systems, continues to expand its hospitality and multifamily portfolio with the introduction of the A Series, a sleek, ADA-compliant illuminated room sign offering complete customization including the choice of orientation, text alignment, and faceplate color. “We’re excited to offer the design community… Read More…

  • Alloy LED Launches Low-Profile Surfa 8 Tape Light Channel

    Alloy LED Launches Low-Profile Surfa 8 Tape Light Channel

    California-based Alloy LED, a leading designer and manufacturer of premium quality LED tape lights, has launched Surfa 8, a low-profile, surface-mount aluminum channel providing hot-spot free illumination when paired with nearly all of the company’s tape lights. At only 1.14 inches wide and 0.64 of 1 inch in height, the Surfa 8 channel accommodates 43… Read More…