Our joint bid for 400 million euros to buy OSRAM lighting business

Overseas mergers and acquisitions of listed companies to the next city, in March 5, 2017, the listed company announced that the company invested Rawlinson, the partnership enterprise core subsidiary of Ming Ming harmony and LEDVANCE GmbH opto GmbH, LEDVANCE LLC OSRAM, the original shareholders of the original shareholders of OSRAM SYLVANIA INC. completed the transaction delivery options. So far, the core of the LEDVANCE100% photoelectric holds a stake, has successfully completed the acquisition of overseas equity transactions.

In simple terms, the German headquarters in Munich OSRAM general lighting business owned by Lund Vance to the price of 400 million euros sold to the joint bid Linsen in the recently completed transactions.

It is understood that OSRAM is with GE, PHILPS benchmarking global lighting giant. The subject of the acquisition of the subject - OSRAM's main general lighting Lund Vance (Ledvance), only in 2015 revenue reached 2 billion euros, contributed to the revenue of up to 4.

The industry believes that the acquisition of the world's leading brands, sales channels and advanced technology landing in China, is expected to promote industrial technology structural, systematic change.

A CICC investment banking department told reporters: "after the completion of delivery, the lighting business will rely on overseas Linsen transnational giant OSRAM channel business and the advantages of expanding its brand image, will further extend the industry chain to the downstream, and the terminal marketing market especially the European market will therefore be perfect. "

The merger also present in cross-border mergers and acquisitions have positive significance.

Despite the current domestic and foreign regulatory tightening to a certain extent affected the rate of cross-border mergers and acquisitions, but with the subsequent "overseas investment regulations" promulgated, regulation is expected to be more clear.

But market analysts said, "the next wave of overseas mergers and acquisitions Chinese enterprises will continue, but the domestic policy environment and upgrade national great expectations on the industrial point of view, both the future and strategic investors and private equity institutions may become more common, because it can be a greater probability of the transactions carried out in the end. "

Therefore, in a sense, the transaction to complete the delivery to the recently listed companies, and even the Chinese overseas acquisitions has injected a shot in the arm.

It is worth noting that the acquisition by wood wood, IDG capital and the state-owned assets of the Yiwu operations center composed of the Chinese consortium completed the acquisition of this century German enterprises lighting business. Among them, IDG capital in the acquisition led the organization of more investors. IDG Capital Partners Yu Xinhua told reporters, we are very pleased to be able to lead the completion of the merger. We are committed to using our 20 years of rich experience in investment and global network of resources, the foreign advanced technology and efficient management model into China Chinese, help enterprises to enhance their core competitiveness in the world arena, which led the domestic industry escalating. "

This year, IDG capital overseas mergers and acquisitions frequently. Not long ago, IDG capital, Chinese articles Everbright sea Bank of China Group Investment Ltd and Chinese consortium IDG global investment business (IDG Ventures) of the cross-border mergers and acquisitions also attracted wide attention at home and abroad. The deal was completed on February.

At present, IDG capital also led Huacan photoelectric acquisition of the world's leading MEMS MEMSIC semiconductor. The restructuring is now awaiting final review by the U.S. government CFUIS.

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