Labora completed the acquisition of The Segen Group.

Labora, City Electrical Factors’ parent company, completed the acquisition of The Segen Group, a global distributor of residential and commercial rooftop solar photovoltaic systems. Financial terms were not disclosed. "We are delighted to announce Labora’s proposed acquisition of Segen. This announcement reflects our confidence in the talented Segen team and our commitment to renewable energy. Segen’s dedication to their customers and strong supplier partnerships is aligned with CEF’s culture and way of doing business. Our business is highly complementary to Segen and we are eager to explore ways to accelerate growth through new capabilities to further deliver on customer needs," Thomas Hartland-Mackie, Labora President and CEO.