March 2018 |
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BAG electronics becomes a part of Osram
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A focus on LED products and Human Centric Lighting
BAG electronics, specialising in electronic control gear, LED modules
and software for innovative lighting solutions, is leaving the Trilux
Group to become a part of the Digital Systems (DS) business unit of
Osram. The sale is subject to approval by the relevant competition
authorities.
Confidentiality has been agreed upon regarding financial details of the
transaction. BAG achieved turnover of approximately 50 million euros in
2017. One element of the contract is a 5-year strategic supply
agreement with a fixed minimum turnover volume: Osram will supply
Trilux with components for use in its luminaires.
[an error occurred while processing this directive]The
established and highly respected BAG brand will continue to maintain
and expand its profile as an electronics specialist in the future, and
company headquarters will remain at Arnsberg in the Sauerland (North
Rhine-Westphalia) region of Germany. A total of 380 BAG employees will
be transferred to Osram with the sale: around 40 in Germany as well as
340 at the Philippines production location. The previous BAG location
in India and the weather-proof luminaire specialist Zalux are not a
part of the sale and will remain in the Trilux Group.
http://www.OEM-System.com
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