NVC seeking to acquire European lighting firms
By Li Wenfang | China Daily | Updated: 2011-07-20 07:55
HUIZHOU, Guangdong - Hong Kong-listed NVC Lighting Holding Ltd, a leading Chinese lighting products maker, plans to acquire small and medium-sized European firms, as the firm aims to expand into new markets.
"We will combine the customer bases, the branding capacity and the research and development (R&D) strength of those firms with the manufacturing power of NVC," said chairman Wu Changjiang, at a press conference on Monday.
The company is actively tapping the emerging markets of India, Brazil and South Africa, Wu said.
Photo