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ILP Holdings and GREEN CREATIVE Join ForcesST. LOUIS, Oct. 19, 2017 /PRNewswire/ -- GREEN CREATIVE, a developer of advanced LED lighting solutions, is now part of the Harbour Group family of companies, extending Harbour Group's participation in the lighting market, Jeff Fox, Harbour Group's chairman and chief executive officer, announced today. Cole Zucker and Guillaume Vidal, the co-founders of GREEN CREATIVE, will continue their key leadership roles in the business. Terms of the transaction were not disclosed. The investment represents Harbour Group's second in the lighting industry this year. In April, Harbour Group announced that ILP Holdings Corporation (ILP), a Sanford, Fla.-based manufacturer of energy-efficient luminaires and retrofit solutions, had become a Harbour Group company. The Green Creative and ILP brands will remain independent. Since its founding in 2010, GREEN CREATIVE has served the North American commercial lighting market with an industry-leading product offering of LED lamps and LED luminaires. With its headquarters in Silicon Valley, CA and R&D center in Shanghai, China, the company's LED lighting solutions have been widely adopted by some of the largest companies in the world. Anchored by strong integrated R&D capabilities and patented technology, GREEN CREATIVE's innovation, performance and reliability have been recognized year after year by the Illuminating Engineering Society Progress Report, LEDsMagazine's Sapphire Awards, EdisonReport, Lighting For Tomorrow, NAILD (National Association of Innovative Lighting Distributors) and more. "We are excited to support another founder-led business," Mr. Fox said. "As sister companies, GREEN CREATIVE and ILP bring an industry-leading team and product offering to the market." "Harbour Group's operational expertise in scaling fast growing businesses combined with their financial resources presents a great opportunity to bring our company and people to the next level," said Mr. Zucker. "Under the same group, the companies have highly complementary offerings with minimum overlap," added Jason Hendren, the founder of ILP. "Combining GREEN CREATIVE's lamp, commercial and residential downlight, and track products with ILP's industrial, commercial, and outdoor products allows our channel partners to complete an entire project with a unique product mix." "In addition to its innovative product development and global supply chain expertise, GREEN CREATIVE will now be able to leverage ILP's US-based manufacturing capabilities for BAA (Buy America Act) compliant product lines as well as greatly expand late-stage final assembly capabilities," Mr. Vidal said. About ILP Holdings About Harbour Group
View original content:http://www.prnewswire.com/news-releases/ilp-holdings-and-green-creative-join-forces-300539952.html SOURCE Harbour Group |