OSRAM split the LEDVANCE has been operating independently, the transaction price or up to 500 million euros

OSRAM high-profile German lighting and technology manufacturers (OSRAM), lighting business segmentation under the new company "LEDVANCE" has been started in April 1, 2016 from the organization split and operate independently, and the entity will be officially in July 2016 after the commencement of. While many manufacturers bid for OSRAM part of the lighting business follow-up, LEDinside judgment should be at the end of April to the end of May, exactly clear, including the bid after the discussion about preferred vendors, manufacturers of interaction between OSRAM and conditions and so on, in addition to determine who qualify, subsequent cooperation relations and conditions, may is the lighting industry and LED industry key observation.

TheOsramLighthouseisthelightingcompany sglobalheadquarters. (PhotocourtesyofOsram)

LEDVANCE is not only OSRAM lighting brand value, also has the application and market of traditional light and LED light source products (ClassicalLampsandBallast, CLB/LEDLightingSolution, LLS), and OSRAM executives had many years of experience in lighting pathways as managers, the company also grasp the traditional pathway and LED innovative products such as the potential value of extraordinary if OSRAM, LEDinside estimated split LEDVANCE and successfully sold its stake to other manufacturers, the overall transaction price estimate should fall at 500 million euro.

LEDVANCE company will be the 47 year old JesMunkHansen duties, before he is in charge of the cause of OSRAM America, financial long held by OliverNeubrand ErolKirilmaz, is responsible for sales and marketing, operated by Peter Mannhart in BettinaKahr Geleng as a human resources officer role.

OSRAM is currently the first in Europe's lighting market share, while North America is second, is the world's second largest lighting manufacturers. In LEDinside2016 years in Germany Frankfurt exhibition experience, OSRAM successfully create a new LEDVANCE lighting business momentum, the stalls at night is still a lot of people from all walks of life, including partners, other than lighting manufacturers also many, shows that the company is in alternating old lighting, there are still a lot of development potential.

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