The LED packaging faucet factory Yiguang passed the board of directors on the 25th and will acquire 100% equity of the European lighting company for no more than 10 million euros (about NT$390 million) to prepare the company for the European market.
It is understood that the company's merger and acquisition target is the German lighting factory, the case is the first acquisition of Yiguang in the European region, the purpose is to strengthen the European lighting pathway and business development.
Everlight actively develops LED lighting, and created its own brand "EVERLIGHT" two years ago. After Taiwan's market share, it also pushed products to Hong Kong, Japan, China and other regions. The company acquired German lamps. After the factory, the market scale was extended to Europe, demonstrating the company's determination to operate the global market.
The company pointed out that this year's LED lighting business performance is very bright, after last year's revenue accounted for 8%, this year, with the LED lighting market development, the mainland channel market layout and other results, LED lighting will be the company's major business camp this year Those who have the best growth performance, it is estimated that this year's revenue share will grow to 15%.
In addition, in response to the continued development of the LED lighting business, Everlight also expanded its LED lighting package components in the first half of the year. It is expected that the LED lighting package capacity will be expanded by another 20% from 600KK and completed in the second half of this year.
It is understood that the company's merger and acquisition target is the German lighting factory, the case is the first acquisition of Yiguang in the European region, the purpose is to strengthen the European lighting pathway and business development.
Everlight actively develops LED lighting, and created its own brand "EVERLIGHT" two years ago. After Taiwan's market share, it also pushed products to Hong Kong, Japan, China and other regions. The company acquired German lamps. After the factory, the market scale was extended to Europe, demonstrating the company's determination to operate the global market.
The company pointed out that this year's LED lighting business performance is very bright, after last year's revenue accounted for 8%, this year, with the LED lighting market development, the mainland channel market layout and other results, LED lighting will be the company's major business camp this year Those who have the best growth performance, it is estimated that this year's revenue share will grow to 15%.
In addition, in response to the continued development of the LED lighting business, Everlight also expanded its LED lighting package components in the first half of the year. It is expected that the LED lighting package capacity will be expanded by another 20% from 600KK and completed in the second half of this year.
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