Philips set to buy WRTL parent

Philips is set to buy the exterior lighting manufacturer Indal, parent of WRTL, for an undisclosed sum. The move will boost the Dutch giant’s already strong position in the outdoor market and give it a powerful vehicle for delivering its lamp-and-gear bundles such as LED and CosmoPolis to the local authority market in Europe.

New WRTL boss Richard Curtis

‘Indal’s capabilities make it a natural fit with Philips, further strengthening our ability to offer our customers integrated and high-value options for professional lighting,’ Marc de Jong, Philips’ general manager of professional luminaires told the press.

‘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.’

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