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Philips acquire NCW Holdings

7 January 2011 15.30 GMT


(Netherlands & China) Philips acquisition of NCW Holdings LTD in China expands global leadership position of professional lighting entertainment solutions.

Headquartered in Hong Kong and with a manufacturing subsidiary in mainland China, NCW is a leading designer, manufacturer and distributor of LED, conventional entertainment lighting and lighting control solutions for global markets. No financial details on the transaction were disclosed.
 
NCW will be integrated into the Entertainment business segment of Philips Professional Luminaires, adding to an existing portfolio of highly successful entertainment lighting solutions from leading  brands like Vari-Lite, Strand and Selecon.
 
NCW, founded in 1992 and currently employing around 450 people, specializes in indoor and outdoor theatrical LED lighting and control solutions for the entertainment market. NCW is active throughout Asia, Europe and North America. Over the past few years, the company has seen rapid growth in its lighting business, fueled by its focus on LED solutions, a trend that is expected to continue.

www.philips.com

 

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