Advanced Lighting Technologies Inc (ADLT), parent company of Venture Lighting, has announced the acquisition of Auer Lighting GmbH, the German lighting components business of Schott AG.
Based in Bad Gandersheim in Northern Germany, Auer Lighting is a leading supplier of high quality lighting components with a global customer base. The company employs 500 people in production, sales and administration roles and has a turnover of approximately $74 million.
Advanced Lighting Technologies is a leading designer and manufacturer of metal halide lighting products, with operations in the UK, Australia, New Zealand, India China, the USA and now Germany. It has an annual worldwide turnover in excess of $250 million.
Sales of Auer lighting products in the UK will be handled by Venture Lighting Europe, who already supply lamps, ballasts, ignitors and capacitors to the European lighting industry. Keith Price, managing director of Venture Lighting Europe, commented "Auer Lighting will make a valuable contribution to our component division, complementing and strengthening the core business".
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Posted on: 26th October 2007, United Kingdom
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Advanced Lighting Technologies Acquire Schott
For further information please contact:
Venture Lighting Europe Ltd., United Kingdom, Tel: +(44) 0845-2302222, Fax: +(44) 0845-2302066
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