Thorn intensifies its outdoor activities in China
To further its presence in the Asian market, the Zumtobel Group has completed the purchase of the remaining shares in Thorn Lighting Tianjin Limited. The share transfer was officially registered on 22nd July 2013. Thorn Lighting Tianjin has now become a wholly owned subsidiary of the Group which is instrumental for the implementation of the growth plans for this market.
Thorn Lighting Tianjin Limited was founded in 1996 as a joint venture between Thorn and Tianjin Yanyu Investment Company Limited. The Zumtobel Group previously held a 70% stake in the company. Since its establishment, Thorn Lighting Tianjin has built a remarkable base and reputation in Road and Tunnel lighting in Asia with many reference projects inside and outside of China. At the recent Guangzhou fair and exhibition more than a dozen new LED products were introduced to underline the focus on innovation and energy savings of the company.
The Thorn Lighting Tianjin organisation has approx. 120 employees including sales, marketing, operations, R&D and labs. This development will allow Thorn to further expand the business scope from road & tunnel lighting to all outdoor segments of the professional lighting market such as architectural lighting, amenity lighting and façade lighting. As well as serving the Asian market, Thorn Lighting Tianjin will also serve the Thorn global export markets.