Philips Teams up with Spanish Company to Strengthen Europe LED Market

Reportedly, Royal Philips Electronics has made deal with Spain-based lighting company Indal as part of its plans to strengthen its market position in Europe.

According to the deal, Valladolid-headquartered Indal , specializes in manufacturing primarily outdoor lighting products, will become part of the Professional Luminaries business of Netherlands-based Philips Lighting.

Marc de Jong, general manager of Professional Luminaries at Philips Lighting, comments: 'Indal's capabilities in delivering lighting [products] make it a natural fit with Philips, further strengthening our ability to offer our customers integrated and high-value options for professional lighting.'

Chief executive officer and chairman of the board of Indal, Sebastian Arias, says that the deal will enable the two businesses to pool technologies, teams and practices to lead the 'LED revolution'.

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