Harsh Chitale
Division Leader Digital Solutions at Signify
David Cohen, CEO of Fluence, said: “We are thrilled to officially become part of the world leader in lighting. Together, our businesses will be able to deliver the world’s most advanced horticulture technology to cultivators on a global scale.”
Fluence will operate with a separate go-to-market as an integrated business unit within Signify’s agricultural lighting business in the Digital Solutions Division.
The acquisition is fully in line with Signify's strategy to expand in attractive growth segments and our commitment to improving food availability by providing growers with horticultural lighting that helps them to reduce resource consumption and increase yields.
Signify Corporate Communications
Nikita Mahajan
Tel: + 44 (0) 7459751618
Email: nikita.mahajan@signify.com
Signify (Euronext: LIGHT) is the world leader in lighting for professionals, consumers and the Internet of Things. Our Philips products, Interact systems and data-enabled services deliver business value and transform life in homes, buildings and public spaces. In 2024, we had sales of EUR 6.1 billion, approximately 29,000 employees and a presence in over 70 countries. We unlock the extraordinary potential of light for brighter lives and a better world. We have been in the Dow Jones Sustainability World Index since our IPO for eight consecutive years and have achieved the EcoVadis Platinum rating for five consecutive years, placing Signify in the top one percent of companies assessed. News from Signify can be found in the Newsroom, on X, LinkedIn and Instagram. Information for investors is located on the Investor Relations page.
