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In addition, GLG also invested $3 million to acquire a small stake in Illumitex. These funds are also part of Illumitex's latest round of private equity financing.
Illumitex joins GLG to attack the Oceania LED lighting market
[High-tech LED] Illumitex has announced that it has signed a strategic cooperation agreement with Gerard Lighting Group (GLG), the largest lighting manufacturer and distributor in Australia and New Zealand. GLG will become Illumitex LED products in Australia, New Zealand and Exclusive distributor in other Pacific island countries.