Leviton Acquires Canada-Based Viscor
Nov 5, 2019
Leviton has announced the acquisition of Viscor, Canada’s largest independent lighting manufacturer, specializing in lighting for architectural, commercial, medical, institutional and industrial applications. This latest acquisition reiterates Leviton’s commitment to strategically expand its lighting and controls product offering.
Established in 1952, Viscor is a family-owned and customer focused company that is committed to manufacturing LED lighting products. With more than 150 product families, 300 employees and a state-of-the-art, 200,000 square-foot facility, Viscor brings tremendous expertise, innovation and passion to the Leviton team.
“Viscor is a well-known and respected lighting company in Canada with a rich and innovative history,” said Daryoush Larizadeh, president and chief operating officer of Leviton. “By adding Viscor to the Leviton family, we will be able to provide a much deeper portfolio of lighting options for our customers. Equally important, Viscor’s product portfolio will be further enhanced with access to our wide variety of innovative lighting control options.”
“Viscor and Leviton both share a common vision and values, so it’s exciting to bring our innovation and expertise to one another,” said Bill Wiener, chairman of Viscor. “We are pleased that Viscor will continue in the hands of another great family run company.”
KPMG represented Viscor in the sale, which officially closed on November 1, 2019.
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