Business News | Jan 25, 2007

Zumtobel Group steps up LED activities

Dornbirn/Austria - The Zumtobel Group is expanding its activities in the LED sector. Under the lead management of its subsidiary LEDON Lighting GmbH (LEDON), the Group has acquired the business activities of my-tronic GmbH, based in Morbach/Germany, and renamed the acquiring company My-tronic Ledon GmbH.

The acquisition took place in January 2007. The deal opens up new fields of business for LEDON, as well as growing the company's LED product portfolio. The resultant increase in research and development resources will enable LEDON to access new LED-based lighting solutions.

Expansion of its LED activities is part of the Zumtobel Group's growth strategy and a major milestone in its efforts to drive forward innovations. In the second quarter of the current financial year, for example, the Zumtobel Group was able to maintain its upward trend in the LED sector, reporting revenue growth of 35 percent against the prior-year period.

Zumtobel Group CEO Andreas Ludwig is convinced that, with My-tronic Ledon GmbH, Zumtobel will be able to maintain the momentum of its expansion in the LED sector: "Through this acquisition, we are sustaining our pattern of growth in what is a key strategic technology for the Zumtobel Group. This will enable us to open up new fields of business in the LED sector and to manufacture new and innovative products."

In the course of the acquisition, LEDON will expand its capacities in the engineering sector, helping the company not only to implement ongoing customer projects but also to drive forward the product innovation process. Within LEDON, My-tronic Ledon GmbH will form a Centre of Competence and will be a key supplier in the development and production of LED embedded systems and intelligent LED lighting solutions. Also, My-tronic Ledon GmbH will complement the activities of LEDON in accessing new fields of application, such as media façades.

My-tronic Ledon GmbH will be integrated into the process structures of LEDON and will market its products under the LEDON brand. In the context of the integration process, 20 employees will be taken over.

Add comment

You can add a comment by filling out the form below. Plain text formatting. Comments are moderated.

Question: What is 1 + 5 ?
Your answer:
FEATURED

Nationstar Overall Layout in UV LED Market

Nationstar Overall Layout in UV LED Market In August 2018, Nationstar set up the Non-visual Light Source Business Division, focusing on IR LED, UV LED, animal and plant lighting. Nationstar has been fully laid out on UVA/UVB/UVC. Since 2016, Nationstar has launched near-ultraviolet LED, deep-ultraviolet LED and modules, with wide wavelength ... Read more »

FEATURED

More Museums Install Pioneering UV-Free LED Technology

More Museums Install Pioneering UV-Free  LED Technology NICHIA, the leader in high brightness LED technologies, announces continued success with Optisolis – the world's first series of packaged LEDs and Chip-on-Board (COB) solutions that accurately mimics natural sunlight without producing any harmful ultraviolet (UV) light. The natural color rendering ... Read more »

FEATURED

American Bright Introduces All-New 5mm Ultra-Slim Series

American Bright Introduces All-New 5mm Ultra-Slim Series American Bright has introduced a brilliant new option to its already comprehensive line of flexible rope lighting with the AB-FH series of 5mm diffused side-emitting light. With its sleek dimensions and Ingress Protection rating of 67, adding light to almost any indoor and outdoor application is ... Read more »

FEATURED

The 24th Guzhen Lighting Fair Kicks off to Offer Global Buyers a Feast with 6 Highlights This Autumn

The 24th Guzhen Lighting Fair Kicks off to Offer Global Buyers a Feast with 6 Highlights This Autumn Recollection is like a song, outlook a poem. Since the first exhibition in 1999, the China Guzhen International Lighting Fair (hereinafter Guzhen Lighting Fair) has evolved all the way from a biennial, to an annual, and now a biannual fair featuring exhibitions and merchant networking. After many ... Read more »

FEATURED

Cree® XLamp® High Current LED

Cree® XLamp® High Current LED The XLamp High Current LED Array family is optimized for best-in-class lumen output, efficacy and reliability at high drive currents. XLamp CMA LEDs share the same package design and LES sizes as Cree's industry-leading CXA2 Standard Density LEDs, enabling lighting manufacturers to address a range ... Read more »

EDITORIAL

High Conductive Foils Enabling Large Area Lighting

High Conductive Foils Enabling Large Area Lighting Fraunhofer Institute for Organic Electronics, Electron Beam and Plasma Technology FEP as one of the leading partners for research and development for surface technologies and organic electronics and Sefar AG, a leading manufacturer of precision fabrics from monofilaments, developed a roll-to-roll ... Read more »

page_peel