Sharp sell LED label business in the United States AgiLight

According to reports, LED lighting components suppliers and Austria lighting group (Zumtobel) members of the fort ord company TridonicAtco (Tridonic GmbH & Co KG) the company decided to sell LED label business in the United States AgiLight company.

Through the acquisition of the high mark business, headquartered in Texas, Sanantonio General LED Inc, a subsidiary of AgiLight will become the world's largest label market, one of the suppliers of LED systems. AgiLight's core market in the United States, Latin America and the Middle East market, which is sharp in Europe, Asia and Australia, a strong market complementary. For sharp, the move marks another milestone in its focus on innovative LED components and general lighting systems. The sale of the label business will take the form of asset transactions. After both parties agreed and the sale price kept confidential.

We are very pleased to find such an ideal partner AgiLight, and through its technical expertise to promote the development of our business license plate. In view of the commercial signs is one of the first professional application of LED lighting, since 2001, we continue to expand the business to annual revenues of nearly 20 million euros. Taking into account the specific sales methods and different customer base, it is time to sell the label business to the global label market. We will use our experience and expertise to drive the process to ensure a smooth transition to our customers. We focus on the development of intelligent and connected LED components and systems of ordinary lighting. "High chief executive officer Alfred Felder said.

"This acquisition is in line with our global development strategy. The business will enhance our company's global status as a preferred partner for LED, and provide a strong portfolio of LED solutions for global customers to accelerate the pace of innovation and new technology development. Our mission is to create value for customers, while helping them gain greater growth and competitiveness. AgiLight president and CEO Steven Moya said.

In order to maintain the momentum of the market and give customers sustained momentum, AgiLight company will provide a new contract for the current staff of high fidelity label AgiLight employment contract. All employees who meet the job description will be transferred to AgiLight company for the same position.

In the future, AgiLight will continue to use the BoxRayz brand and TALEXX signs brand, and will continue to provide the existing high mark product portfolio, its own SignRayz and LED systems. Rui Austria Journel J Dov plant will continue to supply LED components and assembly AgiLight company LED series of industrial chain products.

For more information about LED, please click on China LED network or pay attention to WeChat public account (cnledw2013).