‘Indal and Philips have always had an excellent relationship – now with this agreement, we will join forces, pooling our technologies, our experienced teams and best practices to strengthen our joint capabilities and lead the LED revolution, offering further value to our customers,’ said Indal chief Sebastian Arias.
Indal was established in Valladolid, Spain in 1950 and employs 1,000 people in 11 countries. It had sales of £140 million in 2010. The company specialises in road, industrial and floodlighting applications. WRTL – formerly Whitecroft Road and Tunnel Lighting – is based at Tipton in the West Midlands, and was formed in 2000 when WRTL, Industria and Industria Germany were sold by its parent Whitecroft to a Dutch venture capital group for £19 million.
The proposed sale of Indal WRTL coincides with the appointment of Richard Curtis as the company’s new managing director. Curtis said: ‘Indal WRTL has a reputation for high quality so I ‘m looking forward to building on this foundation.’