Philips Lumileds, San Jose, Calif., and Future Lighting Solutions, Montreal, a division of Future Electronics, have restructured their distribution agreement so both companies can build upon their long-standing relationship while creating new opportunities for additional partnerships. Philips Lumileds will now have the opportunity to distribute and sell its LED products through additional partners in various regions. Future Lighting Solutions will now have the opportunity to distribute other suppliers’ solid-state lighting lines.
Gerry Duggan, executive V.P., Future Electronics, said in the press release announcing the restructured distribution agreement, “Philips Lumileds will continue to be a valued partner for us. We at Future Lighting Solutions will now have the opportunity to expand our portfolio of products in order to address the needs of our lighting customers. We are excited with this development.”