Dialight recently has form Dialight Japan KK in Hamamatsu as a further step in the company’s global thrust into the industrial and hazardous LED lighting market.
Dialight Japan KK has signed agreements to acquire the assets and contracts of its Japanese distributor, I-Spec Ltd for an upfront consideration of £0.2m and a 25% stake in Dialight Japan KK.
The industrial and hazardous lighting segment is highly regulated and there are in excess of 50,000 industrial facilities in Japan making this one of the world’s largest industrial / hazardous lighting markets.
According to Roy Burton, Group Chief Executive of Dialight, “The formation of Dialight Japan KK will enable us to access new and demanding markets known for their stringent requirements and for which our high specification LED lighting and controlled manufacturing methods will be well suited. This expansion marks a significant step in our overall growth strategy.”