Schreder is the leading independent, outdoor lighting solution provider worldwide with 112 years experience and located in more than 70 countries with 2600 employees globally.
Schreder has 7 R&D centres and 7 manufacturing facilities worldwide. with the lighting product range suitable for Roadway and Tunnels, outdoor control systems and smart controlling systems.
Schréder, the world leader in intelligent outdoor lighting solutions, today announced that it has entered an agreement to acquire two Australian lighting divisions - Sylvania and Austube - of the Gerard Lighting Group (GLG).
Sylvania, based in Sydney, is the leading outdoor lighting brand in Australia. It designs and manufactures outdoor lighting with applications in roads, tunnels, decorative lighting, recreational sports and smart lighting connected solutions.
Austube, also based in Sydney, designs and manufactures indoor linear lighting solutions for applications in railway, airports and commercial infrastructures.
This acquisition marks a significant milestone in Schréder’s evolution and will give the company a stronger market position in Australia. The lighting markets are moving fast and this investment will bring a range of complementary products and open-up possibilities for more product innovation in both lighting and new markets.
By leveraging experience and technology, we will be able to deliver even better solutions and further strengthen customer relationships.
Sylvania and Austube will serve as a new base for Schréder Australia. Both businesses will continue to operate under their existing names and brands, now associated with Schréder.
The current Schréder Australia organisation will be integrated into Sylvania, creating a strong market leader in Australia. They will strengthen their respective product portfolios and benefit from a more competitive and complete offering.
Existing management at Sylvania and Austube will remain in place after the acquisition. Schréder plans are to continue to operate the businesses in their current configuration while bringing innovation synergies.
sub-categories
is qualified within the following sub-categories:
- LED Luminaries (PSP008-011)