Flexible Electronics News

Osram Completes Sale of Ledvance

The final selling price is approximately €500 million.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

The sale of Ledvance to a Chinese consortium by Osram was successfully completed effective today. This follows the parties obtaining all necessary approvals from the relevant authorities. The final selling price is approximately €500 million. As announced, Osram additionally expects license income of as much as €100 million over the coming years for the use of trademark rights.   “The successful closing of the transaction is a milestone for Osram in its strategic realignment. As a high-tech co...

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