2022-02-21

Signify to acquire Pierlite to strengthen position in Australian and New Zealand lighting markets

Combines the strong R&D and innovation capabilities of a world leader with the significant network of a Pacific-based company with a heritage spanning more than 70 years Unites Pierlite’s indoor portfolio with Signify’s comprehensive Philips brand of indoor and outdoor lighting portfolios Adds Pierlite’s access to the wholesale channel to Signify’s go-to-market approach and strategy in the Pacific Closing is expected in the second quarter, subject to customary closing conditions   Sydney, Australia – Signify (Euronex...
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