Light Science Technologies Holdings (LSTH) has signed a new distribution deal that could expand the Derbyshire-headquartered firm’s reach in the UK and Europe.
The agreement with Agrolux, a global horticulture lighting supplier, gives LSTH exclusive rights to sell its partner’s LED lighting system in the UK and Ireland under the ‘Agrolux presented by Light Science’ brand.
There’s also potential to take the partnership further into Europe over time.
For growers, this means more options when it comes to energy-efficient lighting. LSTH will offer Agrolux’s LED Wega product line alongside its own nurturGROW sustainable lighting range, combining these with its sensor and installation services.
The deal strengthens Light Science’s position in the controlled environment agriculture market, where it already has a growing pipeline of potential projects.
If all goes well, the partnership could work both ways, with Agrolux eventually selling Light Science products through its global network.
The initial pipeline of quoted projects in the UK and Europe stands at over £10 million, with Light Science aiming to convert these opportunities by leveraging Agrolux’s 20 years of expertise in agronomy.
Agrolux is part of Gavita International, which is owned by Scotts Miracle-Gro, a major player in the lawn and garden industry with a market cap of $3.9 billion.
“We are delighted to have established this distribution agreement with such a prestigious partner that is part of the Scotts Miracle-Gro group,” said LSTH Chief Executive Simon Deacon.
“The opportunity to work with Argolux and provide an expanded product range to existing and new clients provides an exciting opportunity for us to target a wider end audience.
“This partnership presents significant potential future benefits for us to expand our global presence and reach as we work on complementary opportunities.”
