SAN ANGELO, TX — Principal Industries, a leading provider of electrical components and services to the commercial sign industry, announced today the acquisition of GENLED Brands, a New Jersey-based global leader in LED lighting solutions. This acquisition strengthens and diversifies Principal’s product portfolio across new and existing end markets while expanding its footprint inside and outside North America.
Todd Fiske, CEO of Principal Industries, said, “GENLED is a highly complementary addition to the Principal platform. The company has built a reputation for innovation, product quality, and customer services, and its differentiated product portfolio expands our capabilities across key architectural and brand imaging applications.”
Scott Vontobel, CEO of GENLED, added, “Principal is the ideal partner for GENLED as we enter our next phase of growth. Both organizations share a customer-first culture, a focus on innovation, and a commitment to providing high-quality LED solutions. By joining forces with Principal, we will be better positioned to serve our customers, expand our product offerings, and capitalize on new opportunities in the market.”
GENLED Brand’s unparalleled commitment to progression will be a great addition to the other Principal Industries brands, including Principal Sloan, Principal Services, LED Wizard, SloanLED, and Ventex Technology.
About Principal Industries
Headquartered in San Angelo, Texas, Principal Industries is the leading manufacturer of electrical components and LED solutions to the North American illuminated sign industry and is the first and only manufacturer of LED sign modules in the United States. For more information regarding our products, company, and mission, please visit https://pindustries.com/.
About GENLED Brands
Headquartered in East Rutherford, New Jersey, GENLED is a designer, manufacturer, and assembler of premium LED illumination products and solutions serving a diverse range of signage, architectural, and commercial applications. For more information, please visit https://genledbrands.com/.
