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LOCAL GROUP BUYS OUT
GERMAN LUMINAIRE FACTORY
A local lighting company has recently purchased the manufacturing
facility of Trilux Lighting, Inc., the luminaire production
subsidiary in the Philippines of Trilux-Lenze Gmbh+Co KG of
Arnsburg, Germany.
Under the leadership of Filipino entrepreneur, Jojo Reyes
of Emerald Sales Center Corporation, the asset purchase agreement
including an exclusive Manufacturing License Agreement, was
formally inked on September 30, 2002. With the successful
purchase of the factory, Reyes formed
Technical Lighting Philippines (TLx), and has since attracted foreign nationals to invest
in the luminaire manufacturing facility located at the Granville
Industrial Complex in Carmona, Cavite.
Aside from introducing its own line of specification-grade luminaires for the Asian and European markets, TLx will continue
to produce Trilux product ranges including the popular recessed
fluorescent luminaires for the T8 fluorescent lamp and the
specialized louvre-luminaire systems designed for the new
technology T5 lamp. With export as its primary market focus,
TLx was also recently certified by the Philippine Board Of
Investment, as a Filipino-owned non-pioneer export producer
of technical luminaires.
Another key feature of the purchase agreement is the grant
of a Master Distribution Rights by Trilux-Lenze, allowing
TLx to distribute and sell the full range of Trilux products
in the Philippines and in select international markets. In
the Philippines, TLx has retained the distribution and sales
rights of Trilux’s veteran distributor, Emerald Sales
Center Corporation and Architectural Lights, Inc.
TLx sees its collaboration with Trilux-Lenze as a major factor
in its becoming the leading supplier and exporter of premium
lighting products for technical illumination requirements.
Trilux-Lenze is one of the leading lighting companies in Europe
and its luminaires are known worldwide not only for their
sleek, user-friendly designs but also for their energy efficiency
and architecture-compatibility.
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