2022-05-10

Plastic Omnium acquires Varroc's Automotive Lighting Systems business and creates an integrated lighting player enabling differentiating solutions for exterior systems

•       Plastic Omnium’s strategic roadmap execution gathers pace with new lighting activity o Plastic Omnium to acquire Varroc Lighting Systems (VLS), a key Tier 1 automotive lighting supplier with sales of c.€0.8bn in 2021, for an enterprise value of €600m paid for in cash  o   Creation of a new strategic lighting division in 2022 with revenue of c. €1bn[1], combining AMLS (ams OSRAM Automotive Lighting Systems) and VLS  •       Plastic Omnium...
Continue reading
Signify, the world leader in lighting, announces that Qaztomat, one of the largest high-tech greenhouse operations in Central Asia, has selected Philips Horticulture LED Solutions as the lighting supplier for a new 10-hectare greenhouse expansion... READ MORE
Daktronics, a recognized industry leader in digital display and control system technology, has partnered with Massillon Washington High School in Ohio to install a new LED video display and become the first high school in the nation to impleme... READ MORE