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The Zumtobel Group is expanding its activities in the LED sector. Under the lead
management of its subsidiary LEDON Lighting GmbH (LEDON), the Group has acquired the business
activities of my-tronic GmbH, based in Morbach/Germany, and renamed the acquiring company Mytronic
Ledon GmbH. The acquisition took place in January 2007. The deal opens up new fields of
business for LEDON, as well as growing the company's LED product portfolio. The resultant increase
in research and development resources will enable LEDON to access new LED-based lighting
solutions.
Expansion of its LED activities is part of the Zumtobel Group's growth strategy and a major
milestone in its efforts to drive forward innovations. In the second quarter of the current financial year,
for example, the Zumtobel Group was able to maintain its upward trend in the LED sector, reporting
revenue growth of 35 percent against the prior-year period.
Zumtobel Group CEO Andreas Ludwig is convinced that, with My-tronic Ledon GmbH,
Zumtobel will be able to maintain the momentum of its expansion in the LED sector: "Through
this acquisition, we are sustaining our pattern of growth in what is a key strategic technology for the
Zumtobel Group. This will enable us to open up new fields of business in the LED sector and to
manufacture new and innovative products."
In the course of the acquisition, LEDON will expand its capacities in the engineering sector, helping the
company not only to implement ongoing customer projects but also to drive forward the product
innovation process. Within LEDON, My-tronic Ledon GmbH will form a Centre of Competence and
will be a key supplier in the development and production of LED embedded systems and
intelligent LED lighting solutions. Also, My-tronic Ledon GmbH will complement the activities of
LEDON in accessing new fields of application, such as media faCades.
My-tronic Ledon GmbH will be integrated into the process structures of LEDON and will market its
products under the LEDON brand. In the context of the integration process, 20 employees will be
taken over.
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