MEMPHIS, Tenn. — EvergreenUV, the manufacturer of the Lumalier ultraviolet germicidal products, has announced the employee-led purchase of the company from United Enertech Holdings (UEH).
UEH had acquired a controlling interest in EvergreenUV at the height of the coronavirus pandemic in 2020. The decision to sell EvergreenUV was a difficult but mutually beneficial one based, in part, on rapidly changing demand and the advanced technology requirements of the UV-C industry that no longer complement the core business strategies of UEH and its collective companies, a press release from EvergreenUV said.