Optronics Acquired by Taiwan-based Lucidity
Nov 20, 2012 11:05 AM
Lucidity will give Optronics access to its R&D capabilities and global vehicle lighting experience. Optronics, which specializes in HD and work-truck lighting, gives Lucidity a more direct outlet in the U.S.
Lucidity’s state-of-the-art manufacturing credentials include ISO/TS 16949, ISO 14001, OHSAS 18001, ISO 14064-1 and PAS 2050 designations.
“Optronics has firmly repositioned itself and this will absolutely change the competitive hierarchy in HD lighting,” said Brett Johnson, president & CEO of Optronics International. “OEs will gain access to a lighting manufacturer with global sophistication, fleets will enjoy increased product availability and everyone will benefit from new, innovative technology and the industry’s most competitive pricing structure.”
“Optronics complements Lucidity’s strategic objective of bringing imaginative, relevant and competitive lighting technology to the North American vehicle marketplace and the larger world,” said Wayne Huang, chairman of Lucidity Enterprise Co., LTD. “As a result of this investment, we expect to raise the bar, by delivering more advanced technology, more product availability and more choices to our customers.”
Lucidity purchased Optronics International from Harvard Place Investments (HPI), which has owned the company since 2009. Customers and industry partners will see no change in service, accountability or how the company conducts business, Lucidity said.
© 2013 Penton Media Inc.
Acceptable Use Policy blog comments powered by Disqus