Flexible Electronics News

Osram, Continental Sign JV Contract

JV involving approximately 1,500 employees scheduled to start in 2H 2018, once the necessary approvals have been obtained.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Osram and Continental have successfully concluded their negotiations on the Osram Continental GmbH joint venture. The joint venture, in which each of the partners has a 50% stake, aims to combine Continental’s and Osram’s respective expertise in lighting, light control and electronics and is scheduled to start in the second half of 2018, once all the necessary merger control approvals have been granted. CEO Dirk Linzmeier comes from Osram and CFO Harald Renner from Continental.   “Digitalizati...

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