RR Kabel, a leading electrical manufacturing company and a subsidiary of RR Global, a USD 1.25 billion conglomerate, announced the acquisition of Schneider’s Luminous Home Electrical business. RR Kabel’s consumer electricals business, which includes a diverse portfolio of fans, lights, and appliances, will be strengthened by this acquisition. The deal is expected to close in May of next year.

The acquisition of Luminous Home Electrical Business is a significant step forward in the company’s overall growth strategy.

By leveraging its valued capabilities, such as R&D strength, a state-of-the-art manufacturing facility, an admired product portfolio, and most importantly, a dedicated and highly capable team and channel partner network, the Luminous Home Electricals Business will be a strong addition to the new chapter of growth. This acquisition is a significant step toward the company’s goal of building one of the most comprehensive national portfolios in the home electricals category in the next 5-6 years.