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Selective enhancement in highly attractive market
August 8, 2014
By: DAVID SAVASTANO
Editor, Ink World Magazine
Osram is set to strengthen its position in entertainment lighting and agreed to acquire Clay Paky, a leading maker of entertainment lighting for shows and events. The profitable company from Northern Italy is privately owned and recently generated annual sales of more than €60 million. Its products include so-called moving heads, follow spots and projectors. They are used at live concerts, in theaters and studios as well as in the area of architainment. Both parties agreed not to disclose fi...
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