Greenlux Finland Ltd in agreement with Fagerhult on sale of LED luminaries

Greenlux Finland Ltd, a Finnish lighting design firm and producer of LED luminaries, has entered into an agreement with AB Fagerhult, the largest company in the lighting industry in the Nordic Countries, with operations in 17 countries. Greenlux will deliver LED luminaries suitable for general lighting to Fagerhult for marketing and sale under the Fagerhult brand name.

Collaboration with Fagerhult provides access to a large number of new markets and an existing customer base for Greenlux luminaries. As a respected and veteran concern in the industry, Fagerhult can meet the demand for more energy efficient lighting for car parks, warehouses and cold storage facilities, for which LED lights have not previously been among its own models. The first targets for collaboration will include large-scale projects in which the number of units in a single sale, when completed, will be larger than the total number of units produced by Greenlux in three years.

“Our company has exceptional sites as references in realising general lighting with our LED luminaries, but the acceptance of our products among Fagerhult’s models removes the last vestiges of doubt about their functionality and reliability. When we take into account Fagerhult’s existing organisation, we can see that the agreement fulfils nearly all our goals for rapid international growth,” says Roope Ropponen, Sales and Marketing Director at Greenlux Finland Ltd.

“Using our own sales organisation, we will achieve about 200% growth in turnover this year, and the belief in at least the same measure of continued rapid growth next year is strong, particularly when our collaboration with Fagerhult really gets underway,” Ropponen is pleased to say.

 

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