Lighting and shading giant Lutron is acquiring Orluna LED Technologies, a UK-based manufacturer of high-quality architectural lighting fixtures.
The acquisition is significant, as it represents Lutron’s first acquisition outside of North America. It’s not clear if Lutron plans to bring Orluna products to the North American market, as the company says Orluna products remain available only in Asia Pacific, Europe, the Middle East, and the UK, and are “currently” not available in North America.
Orluna, meanwhile, will maintain operations at its UK headquarters while “benefiting from Lutron’s global reach and resources.”
According to a press release, Orluna was founded in 2010 and is known for its high-end downlights, uplights, and surface and track fixtures. The idea is that Orluna’s architectural fixtures complement Lutron’s advanced lighting, shading and control solutions for luxury residential and hospitality markets.
In a statement, Bed Bard, Lutron’s vice president of luxury residential, said Orluna’s fixture portfolio pairs extremely well with Lutron’s expansive solutions.
“Together, we will drive innovation and transform the way spaces are illuminated, blending technology and aesthetics seamlessly,” Bard said.
The acquisition also expands Lutron’s global reach and market influence and reinforces the company’s presence in the UK, Europe and Middle East.
Andrew Kilborn, managing director at Orluna, commented on the acquisition, saying lighting and control solutions are continuing to merge.
“Lutron and Orluna are both family-run companies with a similar long-term outlook. We look forward to this next chapter where, together, we will create beautiful interiors through the harmony of light whilst maintaining consistent loyalty to our customers,” Kilborn said.
Javier Segoiva, Lutron’s vice president of sales and services for the UK and Europe, said the acquisition supports Lutron’s strategy to grow its presence in key regions and enhance its “position in the global luxury residential and hospitality lighting markets.”
“Our team looks forward to working with our shared customers on this next chapter,” Segoiva said in a statement.
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