Royal Philips Electronics has agreed to acquire Spain-based lighting company Indal as part of its plans to strengthen its market position in Europe.

Royal Philips Electronics has agreed to acquire Spain-based lighting company Indal as part of its plans to strengthen its market position in Europe.

Under the terms of the deal Indal will become part of the Professional Luminaries business of Netherlands-based Philips Lighting. Financial details of the purchase were not disclosed.

Valladolid-headquartered Indal manufactures primarily outdoor lighting products. According to a statement the buy will lead the transition to energy-efficient LED-based lighting applications.

Marc de Jong, general manager of Professional Luminaries at Philips Lighting, comments: ‘Indal’s capabilities in delivering lighting [products] make it a natural fit with Philips, further strengthening our ability to offer our customers integrated and high-value options for professional lighting.’

Chief executive officer and chairman of the board of Indal, Sebastian Arias, says that the deal will enable the two businesses to pool technologies, teams and practices to lead the ‘LED revolution’.

Founded in 1950, Indal employs 1,000 people in 11 countries in producing products for the road, industrial and floodlighting markets.

The acquisition comes soon after Philips bought out privately owned US-Based imaging equipment parts manufacturer AllParts Medical.

In May Philips unveiled what is described as ‘the world’s first LED replacement 75-watt light bulb’. According to a statement the build reduces energy consumption by 80 per cent and 25 times longer.

Speaking then, Ed Crawford, general manager of lamps for Philips Lighting North America, says: ‘LED can deliver all the benefits without compromising quality.’