Osram to Sell Lamp Business to Consortium Based in China

Osram to Sell Lamp Business to Consortium Based in China

July 28, 2016

Osram Licht AG has announced it will sell its lamp business unit, Ledvance, to a China-based consortium comprising LED packaging service provide MLS, strategic investor IDG Capital Partners, and Yiwu State-owned Assets Operation Center. Osram had indicated it would sell the unit over a year ago.

The consortium is purchasing the business for more than EUR400 million (US$441 million). The transaction is expected to close in fiscal 2017.

Under the agreement, Osram will receive additional payment for licensed use of its trademark rights. Ledvance will continue to use the Osram brand in the international market and the Sylvania brand in the North America market, and maintain the lamp business unit’s existing R&D staff and all employees until the end of 2018.

The sale will allow Osram to focus on the automotive industry and lighting solutions for buildings and cities. In a similar move, this spring Philips sold a 25% stake in its general lighting business for EUR750 million.

Related Articles

Changing Scene

Design

  • CDm2 LIGHTWORKS: The Real Work of Value Engineering – A Collaborative Approach

    CDm2 LIGHTWORKS: The Real Work of Value Engineering – A Collaborative Approach

    It’s a situation most lighting designers have experienced: a project you spent months designing comes back with a request to review and accept a value engineering package. You’ve seen it time and time again, a package of substitutions with a carrot of cost savings and a deadline. There’s no true value engineering offered, only substitution… Read More…

  • CSC LED: Spotted On Site – VARO Powers Refine Fitness Studio, Vancouver, BC

    CSC LED: Spotted On Site – VARO Powers Refine Fitness Studio, Vancouver, BC

    Lighting plays a critical role in shaping how a space feels and functions—especially in a fitness environment where visibility, comfort, and consistency are key. Throughout the studio, VARO Architectural Linear fixtures serve as the primary lighting solution, bringing both visual structure and performance to the space. The project features white 4′ 50W VARO fixtures, with… Read More…

New Products

  • Emerson: Appleton Explosionproof Rigmaster LED Series Luminaires

    Emerson: Appleton Explosionproof Rigmaster LED Series Luminaires

    Appleton Explosionproof Rigmaster LED Series Luminaires are a high-performance linear lighting solution in a rugged, corrosion-resistant housing, that can be ordered as a standard model or with emergency battery backup to fit all your hazardous location requirements. Providing comfortable, uniform illumination in a lightweight, low-profile design, the diverse mounting bracket options ensure this luminaire is… Read More…

  • Leviton | Viscor: Certolux – MBHSL LED Wall Mounted Behavioural Health Step Light

    Leviton | Viscor: Certolux – MBHSL LED Wall Mounted Behavioural Health Step Light

    The MBHSL Step Light is a durable, low-profile step light engineered to deliver safe, controlled illumination in demanding healthcare environments. Designed specifically for behavioral health and medical applications, it provides subtle wayfinding light that supports patient and staff movement without disrupting rest or comfort. Installed easily into a standard single-gang outlet box, the MBHSL Step Light integrates… Read More…