Global lighting specialist Glamox has acquired 100 percent of the shares in UK-based company LiteIP Limited. LiteIP is located in Southampton and designs, manufactures and supplies wireless lighting control systems. The acquisition of LiteIP will provide Glamox with a strong platform to strengthen its offering within the Lighting Control Systems market.
“This is a milestone for Glamox, and we are taking an important step to strengthen our strategic position as a smart lighting solutions provider” says Rune Marthinussen, CEO of Glamox. “Glamox will support LiteIP and its growth plans in terms of technology development strategy and global expansion. LiteIP will remain an independent, wholly-owned subsidiary within the Glamox Group, welcoming customers both inside and outside the Glamox Group. The brand name of LiteIP will also remain in place.”
LiteIP has an attractive, proven lighting control system and technology that are highly valued by its customers. Over the last decade, the company has developed a strong position within lighting controls in the UK lighting market. The ability to make simple intuitive solutions for customers has enabled LiteIP to compete with larger companies within the lighting industry The Lighting Control Systems market is fast growing, and attractive to combine with luminaire supply. Glamox meet these demands, and will continue to invest in this going forward to also meet future customer expectations.
LiteIP’s Managing Director David Lippold is excited by the new opportunity: “Our system has evolved over a decade from a simple idea to become one of the most widely used control systems for commercial lighting in the UK. It’s simple, it works, and it’s time to take it to the next level. Glamox is a highly successful international business with a focus on engineering and quality. They have recognized lighting controls as a business driver, and we are delighted to be part of their ambitious plans to become a leader in this area. The international opportunities will also strengthen our offering to our core UK customer base of luminaire manufacturers and specialist controls companies, all with a focus on energy saving and environmental impact.”
LiteIP Limited is a company registered in England and Wales with company number 08317714.