Lumen LED Lighting, LLC and Beta LED Lighting, LLC (Collectively, “Purchasers”) Complete Acquisition of Assets Through Article 9 Process, Establish Platform for Growth
I am the Senior VP of Marketing and Business Development for the companies you're asking about, working for the owner of all these companies. If this is still on hold, it needs to be sent urgently. You can call my cell on (585) 752-9060 for further questions. The press release has been verified by the legal teams of all the companies. Thank you. Rowan Lawson.
Solon, OH, July 06, 2026 --(PR.com)-- Purchasers today announced that they have successfully acquired substantially all of the assets of CLNA Holdings, LLC, Cree Lighting USA, LLC, E-Conolight, LLC and Cree Lighting Canada Corp. (collectively, the “Companies”) through a publicly announced secured party sale conducted pursuant to Article 9 of the Uniform Commercial Code.
Transaction Overview
Through this transaction, the Purchasers acquired substantially all of the operating assets relating to the Companies’ businesses, including certain inventory, equipment, customer relationships, and other business assets necessary to restart and revive production and promptly establish new operations. Through completion of their Article 9 acquisition, the Purchasers have preserved the core assets and capabilities of the Companies’ businesses while supporting the new operations with a sustainable financial and operating structure.
Going-Forward Business Operations
The Purchasers are committed to establishing new relationships with vendors that previously supported the Companies. The Purchasers will provide the new businesses with a strengthened capital structure and streamlined operations and will focus on developing and maintaining mutually beneficial relationships with their suppliers and customers.
Going forward, the Purchasers will:
• Commit to transacting timely with vendors and servicing key customers;
• Engage essential employees and leadership talent; and
• Invest in operations, technology and growth initiatives.
Customers and suppliers should expect dedicated outreach to ensure going-forward business operations. We welcome the opportunity to discuss how we can continue supporting our respective businesses together.
To contact the Purchasers, please contact Mr. Rowan Lawson at Press@BetaLED- Lighting.com.
Transaction Overview
Through this transaction, the Purchasers acquired substantially all of the operating assets relating to the Companies’ businesses, including certain inventory, equipment, customer relationships, and other business assets necessary to restart and revive production and promptly establish new operations. Through completion of their Article 9 acquisition, the Purchasers have preserved the core assets and capabilities of the Companies’ businesses while supporting the new operations with a sustainable financial and operating structure.
Going-Forward Business Operations
The Purchasers are committed to establishing new relationships with vendors that previously supported the Companies. The Purchasers will provide the new businesses with a strengthened capital structure and streamlined operations and will focus on developing and maintaining mutually beneficial relationships with their suppliers and customers.
Going forward, the Purchasers will:
• Commit to transacting timely with vendors and servicing key customers;
• Engage essential employees and leadership talent; and
• Invest in operations, technology and growth initiatives.
Customers and suppliers should expect dedicated outreach to ensure going-forward business operations. We welcome the opportunity to discuss how we can continue supporting our respective businesses together.
To contact the Purchasers, please contact Mr. Rowan Lawson at Press@BetaLED- Lighting.com.
Contact
Beta LED Lighting
Rowan Lawson
262-721-1309
Rowan Lawson
262-721-1309
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