Luceplan - Media Backgrounder

February 11, 2010

Based in Milan, the city of design, Luceplan is a market leader in the design lighting field. Formed in 1978 by architects Riccardo Sarfatti, Paolo Rizzatto and Sandra Severi, Luceplan defined its goal of democratic quality design, free of stylistic clichés and opulence, from the very onset. This approach – soon acknowledged by the market and numerous international awards – was perfected when Alberto Meda, an engineer with a passionate love for design, joined the team in 1984.

 

From that moment on, incessant research on materials, light sources and new technologies entered the firm's DNA, even involving very courageous investments. Moreover the collaboration with internationally acclaimed designers contributed to enrich and increase the company’s offering.

 

Luceplan is headquartered in Milan, Italy and has offices in Copenhagen, Paris, and New York. Luceplan has 110 employees worldwide and generated sales of EUR 20 Million in 2009.

 

Luceplan was set up with the objective of creating and producing interior and exterior lighting that enhances the quality of life. Consequently, Luceplan’s product portfolio consists of a wide range of consumer luminaires with a strong design component. The company has a broad range of table and floor luminaires, ceiling pendants and wall fixtures, as well as an outdoor range, which reflects the quality of design and innovation of the indoor products. With its special approach to projects, Luceplan has won many acknowledgements given by the most prestigious institutions in the design scene, such as Good Design, Design Plus and the European Community Design Prize.

 

Luceplan’s luminaires portfolio includes table, suspension, wall and ceiling products for residential applications. Luceplan’s luminaires are also used in professional applications. for example, the Metropoli ceiling luminaires being installed at the Anne Frank museum in Amsterdam, The Netherlands, and the Berenice LED – Luceplan’s latest energy saving reading lamp that has recently been selected to illuminate the desks of executive offices in the new New York Times Building.

 

Philips and Luceplan

With the acquisition of Luceplan, Philips will gain a solid portfolio of iconic design products and the capability to further develop a portfolio that incorporates leading edge lighting technology.

 

Today Philips is a European leader in the Contemporary segment in the consumer luminaires market, which has broader and more accessible price points. With the acquisition of Luceplan, Philips will broaden its presence into the Premium design segment, which has higher price points and also provides the opportunity for greater profitability and future growth.

 

In 2009 the Premium segment of the consumer luminaires market was estimated at approximately EUR 800 Million in Western Europe. The Premium design segment shows higher growth rates and margins than the overall consumer lighting market.

 

Luceplan is a credible player in the Design space and is recognized by retailers for its strong design capabilities and network of accomplished designers. By acquiring and further developing Luceplan, while preserving its identity, Philips expects to strengthen its presence in the Premium design segment, especially towards distribution channels, and thus be able to more effectively address a broader space in the market.

 

Furthermore, with its broad geographic reach, Philips will expand Luceplan’s business globally in an efficient and effective way

 

Luceplan’s culture of generating true innovation in terms of design and of integrating new lighting technology is similar to that of Philips, which invests large resources to generate leading edge lighting technology innovation. In other words, both companies are constantly pushing the boundaries of innovation. Looking into the future, we believe this combination of design innovation and new lighting technologies will be a winning combination to maintain and further build Philips’ global leadership in lighting.

For more information, please contact:

Shai Dewan
Philips Corporate Communications
Tel: +31 20 59 77199
Email: shai.dewan@philips.com

 

Jeannet Harpe
Philips Lighting Corporate Communications
Tel: +31 40 27 56299
Email: jeannet.harpe@philips.com 

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About Royal Philips Electronics

Royal Philips Electronics of the Netherlands (NYSE: PHG, AEX: PHI) is a diversified Health and Well-being company, focused on improving people’s lives through timely innovations. As a world leader in healthcare, lifestyle and lighting, Philips integrates technologies and design into people-centric solutions, based on fundamental customer insights and the brand promise of “sense and simplicity”. Headquartered in the Netherlands, Philips employs approximately 116,000 employees in more than 60 countries worldwide. With sales of EUR 23 billion in 2009, the company is a market leader in cardiac care, acute care and home healthcare, energy efficient lighting solutions and new lighting applications, as well as lifestyle products for personal well-being and pleasure with strong leadership positions in flat TV, male shaving and grooming, portable entertainment and oral healthcare. News from Philips is located at www.philips.com/newscenter..