Oaktree to acquire ROBUS and FuseBox.

Oaktree, a global investment manager, agreed to acquire ROBUS, a provider of energy-efficient lighting solutions, and FuseBox, a circuit protection devices provider. Financial terms were not disclosed. “This partnership marks an exciting new chapter for LED Group and is a significant milestone in our growth journey. With Oaktree as our partner, we are well-positioned to achieve our strategic goal of becoming a market leader in building electrification products and expand our specialist portfolio of commercial, industrial, and residential products and solutions. We look forward to building on our past successes and seizing opportunities for further innovation and accelerated growth,” Mick G. Slein, ROBUS CEO, and Mick J. Slein, ROBUS Founder.