SYLVANIA AND AUSTUBE SALE COMPLETES TO SCHRÉDER
1st April 2020
The acquisition of Sylvania and Austube by the Schréder Group is now complete.
Group Schréder will operate in the Australian and New Zealand markets combining both existing names and brands, as Sylvania Schréder and Austube Schréder. Both Schréder Australia and Sylvania Schréder’s teams will be integrated into a single entity, creating a strong market leader in Australia.
Schréder Group CEO, Werner De Wolf, said “We are in the business of bringing people seamless lighting experiences and growing the smart cities of tomorrow. Now as an integrated organisation we can combine our strong reputation in the market with global innovation, creating a stronger market leader in Australia.”
Sylvania Schréder’s CEO, Kaushal Kapadia, said “This marks a significant milestone for outdoor and infrastructure lighting in Australia. The joint organisation will be able to strengthen their respective product portfolios and benefit from a more competitive and complete offering.”
“By leveraging Schréder’s global experience and technology and Sylvania’s local know how and market leadership, we will be able to deliver even better solutions and further strengthen our customer relationships. This will open up possibilities for more product innovation in both lighting and new markets,” said Mr Kapadia.
The integration of both entities will be seamless, with no change to the level of service to customers. Operations will be largely unchanged for the foreseeable future and will continue to operate under the leadership of Kaushal Kapadia.
Sylvania – now rebranded as Sylvania Schréder - 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 – now rebranded as Austube Schréder - designs and manufactures indoor linear lighting solutions for applications in railway, airports and commercial infrastructures.
About Schréder Group
Schréder is a worldwide leader in intelligent outdoor lighting solutions. The company, founded in 1907, is present in over 35 countries (ensuring a local presence in over 70 countries) spanning 5 continents.
Our tradition of engineering means we have been at the forefront of innovation throughout our history. The latest wave of urbanism means city centres are becoming more vital than ever: connectivity is crucial. Experts in lightability™, we propose lighting infrastructure that will play a pivotal role in building Smart Cities and future communication networks.
Sylvania - Sylvania is synonymous with quality lighting. With a solid foundation of 50+ years in the Australian market and a global heritage stretching back over a century, we understand the science of lighting and how to provide our clients with the best innovative and functional lighting solutions. Sylvania lighting products adhere to the highest production standards, setting the benchmark for road, infrastructure and sport lighting in Australia. What this means is a better, safer & brighter world. Every day.
Austube - For over 20 years, Austube Linear Lighting Systems has been manufacturing high performance extrusion based luminaires that incorporate the latest technologies to create innovative and intelligent lighting solutions for our clients. Austube is well known for its Australian manufacturing and the ability to create custom light packages.
For further information, please contact the Schréder Group.
Catriona Pollard – firstname.lastname@example.org, ph 0411 023 974