Cooper Industries Acquires Lumiere
28 October 1998
Cooper Industries Acquires LumiereHOUSTON, Oct. 27 -- Cooper Industries, Inc. announced today that it has acquired Lumiere Design and Manufacturing, Inc., a Westlake Village, California-based manufacturer of architectural landscape and specialty lighting products. Lumiere, a privately held firm with sales of $7 million in 1997, has approximately 70 employees. Terms of the acquisition were not disclosed. Lighting products from Lumiere are sold throughout the United States for outdoor lighting project applications in commercial, residential and industrial settings. "Lumiere's line of outdoor lighting products are an excellent complement to our specification grade residential and commercial interior lighting," said H. John Riley, Jr., Chairman, President and Chief Executive Officer of Cooper Industries. "With this addition, our lighting customers will be able to specify Cooper products for entire projects, including indoor and outdoor applications. This strengthens our position as a leading supplier of lighting fixtures and adds to our growing Electrical Products segment." Lumiere will become part of the Cooper Lighting division, a leading manufacturer of recessed, track, fluorescent and emergency lighting fixtures. Headquartered in Elk Grove Village, Illinois, the division has manufacturing facilities in eight domestic and five international locations and employs approximately 5,000 people worldwide. Cooper Industries, a worldwide manufacturer of electrical products, tools and hardware, is headquartered in Houston, Texas. Additional information about Cooper is available on the company's World Wide Web site: http://www.cooperindustries.com.