OSRAM split LEDVANCE independent operation estimated transaction price of 500 million euros

OSRAM (Osram) division of its lighting business for the new company “LEDVANCE” has been started in April 1, 2016 from the organization and the independent operation of the spin off, and the formal entity will begin in July 2016 after the entry into force. And a number of manufacturers to bid for OSRAM lighting business follow-up, Xiaobian judgment should be at the end of 4 to 5 between the end, exactly clear, including each bid, the first debate manufacturers about action, OSRAM between the firm and the condition of interaction, and so on, in addition to determine who qualify outside, subsequent cooperation relations and conditions may is the lighting industry and LED industry focus on the observation of.

LEDVANCE not only OSRAM lighting brand value, also has the traditional light sources and LED lamp products application and market of classical lamps and ballast, CLB / LED lighting solution, LLS), and previously in the illumination pathway has years of experience of OSRAM executives as managers, the company also master the traditional pathway and led etc. Product Innovation potential, the extraordinary value, Xiaobian prediction if OSRAM segmentation LEDVANCE and successfully sold their stakes to other manufacturers, the overall transaction price estimates it will fall on the 5 billion euros.

LEDVANCE will by, 47 year old Jes Munk Hansen duties, he before is OSRAM American business executives, financial length by Oliver Neubrand as, sales and marketing in charge of Erol Kirilmaz, headed by Peter Mannhart operation, Bettina Kahr-Geleng as human resources horned color.

OSRAM is currently in the European market share of lighting channels is the first, while North America is the second, is the world’s second largest lighting manufacturers. Xiaobian 2016 in Frankfurt, Germany exhibition experience point of view, OSRAM successfully create a new lighting business LEDVANCE momentum, the stalls in the evening or a lot of crowds, including partners from all walks of life, than other lighting manufacturers more than many, display the company at the turn of the old and new lighting, there are still a lot of development potential.

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