US LED lighting listed company RLVT 186 million acquisition of Apris

US high-end LED lighting solutions provider RevolutionLightingTechnologies Inc (RVLT) said on Wednesday that the company's $30 million (equivalent to about 186 million yuan) acquired Ampus LLC, including 10 million in cash and 10 million RVLT. Shares, and 10 million promissory notes. RVLT expects the transaction to increase its earnings per share in the second half of the year. It is reported that Ampres is a total solution provider for LED energy-saving lighting projects in the commercial, industrial, hotel and other industries. The 2015 revenue is expected to be $30 million. RVLT's acquisition of Apprise can not only expand the company's existing scale, improve profitability, but also expand its channels to commercial, industrial, hotel and other fields.

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