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WESCO International subsidiary to acquire business operations of Osram’s North American service unit.
January 17, 2019
By: DAVID SAVASTANO
Editor, Ink World Magazine
With the sale of its North American services business, Sylvania Lighting Solutions (SLS), Osram is making further progress toward becoming a photonics leader. In WESCO International, Osram has found the best new owner for the services business. with approximately 220 employees and annual sales of more than $100 million. The transaction is expected to close in the first calendar quarter of 2019 and the purchase price is in the double-digit million euro range. Osram is increasingly focusing on...
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