International capital to invest in OSRAM's lighting business

In March 7th, China Everbright Ltd (referred to as "Everbright") announced that light industry international capital fund ("international capital") completed an investment of second global lighting company OSRAM's lighting business Landes Vance (LEDvance). The completion of the formal delivery of the deal underlines once again the remarkable ability of cross-border acquisitions of light capital.

OSRAM is a global leader in lighting markets and technology, with its lighting business in the top three in the global market, the largest in Western Europe, and the global lighting giant par with Ge, GE, and PHILPS. The company is headquartered in Germany, 2015 sales of about 5 billion 600 million euros, the transaction subject of Landes Vance in 2015 revenues of 2 billion euros, accounting for 40% of OSRAM's revenues.

Light is the acquisition of international capital to listed companies as a platform, a classic case of the depth of integration of leading enterprises in the industrial chain, but also through the "double capital + industry driven by the introduction of LED technology and sales channels in the world advanced from abroad, an important means to promote Chinese lighting industrial upgrading.

International capital aims to build China's most influential industry M & a fund. Experienced in large-scale mergers and acquisitions, especially cross-border transactions. In the light of international capital before the transaction announced last month with Baidu, Hillhouse capital, IDG capital, Sequoia Capital jointly participate in the completion of the video entertainment brand - Iqiyi China leading a new round of financing, the layout of China high-speed growth of video entertainment industry.

In addition, one of the capital management of the light, China Everbright Holdings and IDG capital have good relations of cooperation, also participated in the United States international data group led by IDG capital ("IDG") under the global business investment in the acquisition of IDGVentures, the deal was officially completed in February this year of delivery.

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