Lightwave RF Plc (AIM:LWRF) Expands UK Distribution

LightwaveRF plc (“LightwaveRF” or the “Company”), the leading smart home solutions provider, announces an expanded UK distribution agreement with Deta Electrical Co Limited (“Deta”), a leading manufacturer and distributor of wiring and electrical accessories.

The agreement will target the wholesale and electrical contractor markets in the UK.

Deta has placed an initial £350,000 order with the Company and it has committed to placing a minimum of £2,000,000 worth of orders during the first year of the agreement. Deta will offer a full range of smart home products to its customers, branded Deta Connect and Lightwave.

Commenting, Andrew Pearson, CEO of LightwaveRF, said:

“We have been working with Deta for two years, focusing on the new build sector and we are looking forward to expanding the relationship. Deta is an established, leading supplier to the UK electrical wholesale market and is ideally placed to launch, promote and sell this range of smart home devices, based on Lightwave’s technology. Deta’s sales team will allow us to significantly scale up our coverage across the electrical wholesale sector.”

Gerry Barnett, Managing Director of Deta, added:

“We are looking forward to expanding our partnership with LightwaveRF through this new agreement. The combination of Lightwave smart home technology and our expanding range of high-quality wiring and electrical accessories will enable Deta to deliver comprehensive and modern smart home solutions across this important market sector.”

Linking Shareholders and Executives :Share Talk

If anyone reads this article found it useful, helpful? Then please subscribe or follow SHARE TALK on our Twitter page for future updates.

Terms of Website Use

All information is provided on an as-is basis. Where we allow Bloggers to publish articles on our platform please note these are not our opinions or views and we have no affiliation with the companies mentioned

Share via
Copy link
Malcare WordPress Security