Indal Announce Aquisition Agreement With Philips

An agreement has been reached between both parties subject to EU Competition Authorities’ approval, which is expected to take up to nine months.

During the intervening period, Indal WRTL will remain autonomous, maintain continuity and continue its driven sales and marketing strategy to achieve ambitious group goals and win further market share.

Indal has earned its position as the market leader of LED exterior lighting products during the past three years. It has permanently changed the industry, setting expectations of performance, energy saving and least cost of ownership. The Company celebrates astonishing ongoing success and continues to exceed customer expectations. Its ground-breaking Stela LED luminaire has been adopted by more than 100 local authorities with more than 60,000 units currently installed.

Not surprisingly, Indal WRTL attracts a lot of media and commercial attention with each contract won from competitors. These include the high-profile Birmingham Highways Maintenance and Management contract, the Transport for London pilot scheme using Indal’s T-line linear LED tunnel lighting solution at the Upper Thames Street tunnel and the Lancashire County Council contract which is approaching a significant milestone with the installation of its 10,000th Stela luminaire.

LED technology from Indal is not limited to residential streets and tunnels. Its latest innovation, an ME Class LED solution for traffic routes and motorways, is set for imminent launch. Luma will deliver the standards and service expected from the Company’s products, including energy savings and 100,000 hour service life.

Indal WRTL has never been more noticeable or successful and will continue to provide a growing customer base with superior solutions, cost of ownership, performance and service.