Cree Inc., Durham, N.C., has formed a long-term strategic agreement with the Austrian Zumtobel Group, a global market leader in the professional lighting industry, to supply LED downlights to the European market. The minimum first-year sales target is 50,000 LR6-230V luminaires.
The products under the agreement are European versions of Cree recessed downlights. They will be sold exclusively under two brands of the Zumtobel Group — Thorn and Zumtobel — in more than 40 countries through
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