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    • Denggle > Lighting News >

    Chinese Investment Consortium Took Over Osram general Lighting Business

    Chinese Investment Consortium Took Over Osram general Lighting Business

    Source： 24 Nov 2016
    Ledvance MLS M&A

    Osram recently announced the latest developments about the acquisition transaction of its LED general lighting business sales to a Chinese investment  consortium headed by IDG Capital.

     

    In a statement issued to clients, LEDVANCE, the general lighting business arm of Osram stated that all transnational transactions of German companies had to go through regulatory processes before it can be approved. The multinational acquisition review protocol includes obtaining clearance from the Federal Ministry of Economic Affairs and Energy.

     

    Chinese Investment Consortium buy Osram general Lighting Business

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    LEDVANCE Now Wholly Owned By MLS

    LEDVANCE, one of the world's leading general lighting providers for professional users and end consumers, is now 100 percent owned by the leading Chinese LED lighting company MLS. MLS has taken over the full ownership of LEDVANCE by means of a share deal with the strategic investor IDG Capital and the financial investor Yiwu. As part of the deal, IDG Capital and Yiwu will become shareholders of MLS via a joint investment.

    LEDVANCE to Close Versailles Factory and Enhance Integration with MLS in North America

    LEDVANCE announced that the company will change its manufacturing structure for increasing the integration with its parent company MLS while intensifying the competitiveness of the company in the U.S. and Canada. Meanwhile, LEDVANCE also revealed that its factory in Versailles which produces conventional lighting fixtures will be closed.

    MLS Plans to Integrate Forest Lighting and LEDVANCE

    Forest Lighting has released a letter to its customers to share the update regarding MLS’s plan to integrate Forest Lighting and LEDVANCE.

    More Reasons Why Merchants Choose To Advertise With LED Display

    With the development of society and the advancement of science and technology, major brand companies are increasingly demanding outdoor advertising. Older outdoor advertising models (such as single-column advertising, lightbox advertising, bridge advertising, three-sided advertising, etc.) are no longer To meet the needs of users, traditional outdoor advertising has caused visual fatigue. Outdoor advertisers have to follow the pace of technology, so there is an outdoor LED display advertising, then what is better than traditional outdoor advertising?

    Light and Building 2018: MLS Expands Offerings to Bolster Its Presence in Europe and the US

    Over the past few years, MLS has been attracting more and more global attention. Not only did the LED packaging company top the industry in China, the scale of its electronic manufacturing service (EMS) business ramped up at a speed its competitors failed to catch up. In 2017, the establishment of Global Value Lighting with Lighting Science and the acquisition of LEDVANCE from Osram evinced the ambition of MLS for a vertical integration to approach end markets.

    Extra Flat LED Luminaires from LEDVANCE for Recessed or Surface Mounting

    LEDVANCE is extending its portfolio for electrical wholesalers with the third wave of ready-to-use LED luminaires for professional users, including extremely flat versions for walls and ceilings. The Downlight Slim family, for example, is intended above all for narrow spaces such as suspended ceilings. It also offers particularly simple and flexible installation and excellent energy efficiency. That applies also to the narrow and especially robust Surface Compact IK10 luminaire for surface mounting which is ideal for heavily frequented stairwells and public buildings. The luminaires go on sale using the LEDVANCE brand.

    Ledvance Successfully Delivers 25 Million LED Lamps to Indian Government

    Ledvance has successfully delivered 25 million energy-efficient LED lamps to Energy Efficiency Services Limited (EESL), the Indian government agency in charge of executing India‘s UJALA (Unnat Jyoti by Affordable LEDs for All) initiative. The deal, which Ledvance won in a public tender in March 2017, is one of the largest government contracts of all-time for the company. The on time conclusion of the project in December 2017 is the result of a close collaboration with MLS Co. Ltd, which is part of the investment consortium that acquired Ledvance from Osram GmbH back in March 2017.

    TeamLab Creates Interactive Whirlpools Inside National Gallery of Victoria

    Japanese art collective TeamLab has used lighting to create a sea of spiralling whirlpools inside a Melbourne art museum.

    Lighting Science Announced a Joint Venture with Chinese LED Manufacturer MLS

    Lighting science announced a joint venture with Chinese LED manufacturer and lighting company MLS.

    Tunable white lighting in the classroom: The new ROI is ROO

    Throughout the past few years, we at LEDs Magazine have seen more solid-state lighting (SSL) product development targeted at educational environments. School officials, especially in the public-school arena, must manage strict budgets and plan strategically to obtain the best return on investment (ROI) possible, so the potential financial implications are important factors — first, the cost of premium equipment and installation, but then balanced against the possible payback due to energy efficiency initiatives and less maintenance. One consideration beyond the established cost reductions of SSL in institutional buildings such as schools is the possible impact of tunable white lighting in the classroom. Naturally, dimmability and other controls features such as granularity of color temperature can be customized to various classroom tasks and increase visual acuity. But what’s becoming even more appealing to educational administrators is the ability to influence less “visible” factors in the classroom, such as mood, behavior, and concentration. Strategies in Light, co-located with The LED Show and Lightspace California, will draw more attention to so-called human-centric lighting applications as this, also known as lighting for health and wellbeing. One such presentation, “Lighting for pupils…Tunable white lighting in the classroom and the new ROI,” by Tricia Foster of Acuity Brands Lighting and Catherine Hollenshead of Estes, McClure & Associates (EMA), will feature a case study on a Texas school district’s first-hand experience using tunable white lighting in several classrooms. Here the speakers give a glimpse into the new classroom experience. They will offer up additional details during SIL on how ROI has evolved into “return on objective” (ROO) in such installations. — Carrie Meadows

    Samsung x found/Founded:A New Conceptual Line of Smart Home Furnishing

    Korean design studio found/Founded collaborated with electronics giant, Samsung, to bring forth a new conceptual line of “smart home furnishing” conceptualized to seamlessly connect users with smart home features such as wireless charging, a 360-degree webcam security, lighting, and streaming audio. This second partnership between the design firm and Samsung (previous collaborative effort here), the ensuing Creative Square collection is represented by four unobtrusive and aesthetic solutions, each epitomizing the convergence of furniture and wireless technologies into a seamless addition to the way people already live.

    What Are the Advantages and Disadvantages of Iron Table Lamp?

    When choosing table lamp, consumers not only need to consider price and appearance, but also need to compare the advantages and disadvantages of different products. Nowadays many consumers like iron table lamps. They are stable and reliable, but also has certain shortcomings. What are the advantages and disadvantages of iron table lamp?

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