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Fulham Opens New European Headquarters and Design Centre

Fulham Co., Inc., a leading supplier of lighting components and electronics for commercial and specialty applications, has established a new European headquarters and design centre in Alkmaar in the Netherlands. Opening of the new regional headquarters follows Fulham Group’s recent asset…

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“A European presence including a design centre for developing LED drivers for the market and the people to better serve our growing European distributor and OEM customer base reflects our strategy for Europe,” said Mark Needham, Fulham’s European Vice President for Sales. “Europe is a key market for LED luminaire design and having a team of engineers in the Netherlands allows us to more quickly respond to market trends”. He added, “This is an exciting time for us to fully market our now much expanded range of top quality LED drivers and promote the Fulham lighting brand across Europe”.

In addition to the R&D team, Fulham’s new European headquarters also houses sales administration and customer service. With its global headquarters in Southern California, Fulham is a leading manufacturer and supplier of intelligent and sustainable lighting components for OEM lighting fixtures manufacturers and also for the electrical distribution market. The company is also a key supplier of electronic ballasts for fluorescent and HID systems. Fulham’s lighting components power many lighting manufacturers’ luminaires including commercial and industrial, emergency, signage, refrigeration and street lighting.

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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.

Organizations

Gallant Capital Partners announces term loan commitments for Lumileds; Chuck Swoboda participates

Gallant Capital Partners announced that funds it manages have provided additional term loan commitments under one of Lumileds Holding B.V.’s existing senior secured term loan credit facilities to provide liquidity for operations and strategic initiatives. Gallant previously acquired a majority position in the Company’s senior secured term loan facilities on August 18, 2026. Chuck Swoboda has participated alongside Gallant. The commitments are intended to support product development, supply continuity, on-time delivery, and Lumileds’ multi-year product and technology roadmaps while Lumileds’ existing leadership continues to manage the business.

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