UK private equity firm LDC has sold JCC Advanced Lighting to Leviton, a Melville, NY-based lighting company. No financial terms were disclosed. A UK-based provider of LED lighting solutions for residential and commercial applications, JCC Advanced Lighting will continue to be led by Executive Chairman Richard Adey, who will now report directly to Daryoush Larizadeh, chief operating officer at Leviton.
Melville, New York, October 28, 2013 – Leviton announced today the acquisition of JCC Advanced Lighting, a United Kingdom (UK)-based leader in LED lighting suitable for a wide variety of residential and commercial applications. The acquisition establishes Leviton in the UK market and affords the company growth opportunities internationally.
Integrating JCC’s energy efficient LED lighting into Leviton’s smart solutions provides a unique opportunity to develop the next generation of intelligent design. Through the work of the combined companies, customers will be able to receive even more efficient lighting solutions, including the incorporation of occupancy sensors and dimmers to help achieve nearly 50 percent energy savings when compared to typical installation.
“Leviton’s acquisition of JCC provides a significant presence in the UK and a good base for the future,” said Don Hendler, CEO of Leviton. “Since our beginnings more than a century ago, Leviton has built a reputation on innovation and product development, so adding a market-leading advanced lighting solutions business like JCC makes strategic sense for our global expansion.”
JCC will operate as a wholly owned subsidiary of Leviton, maintaining operations in the UK. The company will continue to be led by Richard Adey, currently the Executive Chairman of JCC, who will report directly to Daryoush Larizadeh, Leviton’s Chief Operating Officer.
“JCC is delighted to be part of Leviton, given its renowned expertise and global reach in controls technology, which will drive JCC’s further expansion both in the UK and overseas,” added Mr. Adey. “Leviton’s input will help further enhance our LED product innovation and development, which is fundamental to our business strategy.”
The acquisition of JCC continues Leviton’s commitment to strategic growth and innovation. Leviton has evolved into a global provider of electrical wiring devices, data connectivity solutions and lighting and energy management systems for a variety of end-use markets.
Leviton is the smart choice, providing the most comprehensive range of solutions to meet the needs of today’s residential, commercial and industrial buildings. Leveraging more than a century of experience, Leviton helps customers create sustainable, intelligent environments through its electrical wiring devices, network and data center connectivity solutions, and lighting energy management systems. From switches and receptacles, to daylight harvesting controls, networking systems, and equipment for charging electric vehicles, Leviton solutions help customers achieve savings in energy, time and cost, all while enhancing safety. For more information, visit www.leviton.com, http://www.facebook.com/leviton, http://twitter.com/leviton or http://www.youtube.com/Levitonmfg.
Based on the south coast of England, JCC designs and develops LED lighting suitable for a wide variety of applications. JCC’s extensive product range covers residential, commercial, industrial and retail lighting. JCC has a large warehouse facility that supports a network of major wholesalers across the UK. Increasingly the JCC lighting range focuses on energy efficient LED lighting and includes LED flat panels for offices and schools, fire-rated downlights for homes and hotels and LED spotlights for retail and display.
JCC believes in creating innovative, energy efficient, easy to install products focusing on bringing high quality LED lighting solutions to their many customers. JCC’s in-house design team is constantly originating new ideas, which are refined until they become market leading products. JCC operates extensive internal and external product testing programs for both lighting performance and fire safety, leading to some of the most reliable and safe products on the market. www.jcc.co.uk