Signify successfully completes acquisition of Fluence
May 2, 2022
Signify successfully completes acquisition of Fluence, strengthening its Agriculture lighting growth platform
Eindhoven, the Netherlands – Signify (Euronext: LIGHT), the world leader in lighting, has completed the acquisition of Fluence from ams OSRAM (SIX:AMS). The transaction strengthens our global Agriculture lighting growth platform and extends our position in the attractive North American horticultural lighting market.
We’re excited to welcome the team from Fluence and to start working together to drive horticultural lighting innovation and create value for growers around the globe.”
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.
For further information, please contact:
Signify Investor Relations
Thelke Gerdes
Tel: +31 6 1801 7131
E-mail: thelke.gerdes@signify.com
Signify Corporate Communications
Abigail Levene
Tel: +31 6 2939 3895
E-mail: abigail.levene@signify.com
Global Marcom Manager Horticulture at Signify
Daniela Damoiseaux
Tel: +31 6 31 65 29 69
E-mail: daniela.damoiseaux@signify.com
Signify US
Beth Brenner
Tel: +1 215 595 3102
E-mail: beth.brenner@signify.com
About Signify
Signify (Euronext: LIGHT) is the world leader in lighting for professionals and consumers. We unlock the extraordinary potential of light for brighter lives and a better world. Our advanced products, 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 feature in the Dow Jones Sustainability World Index and hold the EcoVadis Platinum rating, placing in the top one percent of companies assessed. News from Signify can be found in the Newsroom, on LinkedIn, Instagram and X. Information for investors is located on the Investor Relations page.
Signify global brands include: Philips, Philips Hue, WiZ, Interact, ColorKinetics, Dynalite, Telensa, Signify myCreation, Signify BrightSites, NatureConnect, Trulifi.
