Philips completes Indal acquisition
Royal Philips Electronics and Indal have announced that the acquisition of Indal WRTL Exterior Lighting Ltd by Philips has been completed. With this acquisition, the Indal WRTL subsidiary becomes part of the Professional Luminaires business of Philips Lighting. Indal WRTL has been particularly active in LED-based outdoor lighting projects, such as LED street lights in the borough of Sandwell, and linear LED lighting to a road tunnel in London, which we reported on previously. To date, Indal WRTL has nearly 100,000 installations of Stela street lights, which were introduced approximately three years ago. According to the company, these installations have accumulated nearly 500 million operating hours, saving close to 15,000 tonnes of CO2 emissions.
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