Blockbuster! INVENTRONICS plans to purchase OSRAM's lighting component digital system business unit
On the evening of June 15, Inventronics announced a major asset purchase plan. The company intends to purchase the digital Systems business unit of global lighting giant Osram in cash, which focuses on lighting components. The products mainly include various indoor and outdoor LED drive power products, LED modules, LED light engines, electronic control devices, etc. The transaction is expected to constitute a major asset restructuring, related audit, evaluation and other work has not been completed.
According to Inventronics, on June 14, 2022, Intel signed an Equity and Asset Purchase Agreement with OSRAM GmbH(" Seller 1 ") and OSRAM S.P.A. (" Seller 2 "), whereby Inventronics intends to purchase in cash the underlying assets held by Seller 1 and Seller 2 directly or indirectly through its subsidiaries and affiliates.
The target asset is the digital System Business division of Global lighting giant Osram, which focuses on lighting components. The main products include all kinds of indoor and outdoor LED drive power products, LED modules, LED light engines, electronic control devices, etc., and provide customers with customized, intelligent and integrated overall lighting control system. As of December 31, 2021, the assets of osram's digital Systems business division, which focuses on lighting components, are mainly distributed in more than 30 countries and regions in Europe, Asia, Africa and Oceania, with 4 R&D centers in Garshing, Germany, Treviso, Italy, Shenzhen, China and Delhi, India.
In terms of products, Inventronics mainly focuses on medium and high power LED driving power, while Osram's Digital System Business Division focusing on lighting components mainly develops various corresponding products of medium and low power. After the completion of the acquisition, Inventronics will have a complete product sequence, complete the comprehensive distribution of all types of products for each power. Technology, osram, focusing on the lighting component of digital system division in the digital switching power, digital addressable lighting interface, NFC and component integration, wireless aspects fully hardware and software research and development and design ability, after the acquisition is complete, the British who will further with the aid of underlying asset of r&d advantage, Realize the intelligent, integrated and digital development of LED system. Market aspect, at present, Inventronics in the European region mainly through independent marketing and service network for direct sales and distribution of sales model. Osram's digital Systems division, which focuses on lighting components, serves more than 1,800 customers in Eurasia and covers the major lighting appliance Oems in the EMEA market.
According to the announcement, through the transaction, Inventronics will use the marketing channel of osram's digital Systems business unit, which focuses on lighting components, to extend the company's main products to the end customer channel in the European region. At the same time, it will further improve the company's global layout of production, sales, research and development and other functions, which has important strategic and economic significance for the company's global business development.