Noerr advises OSRAM on acquisition of BAG electronics from Trilux
Noerr has advised OSRAM GmbH on its acquisition of all shares in BAG electronics GmbH und the Philippine company BAG electronics Inc. The seller is the Trilux Group from Arnsberg, Germany.
With this acquisition, OSRAM is strengthening its business with electronic components and its expertise in light control. BAG is a specialist in lamp ballasts, LED modules and software for innovative light solutions. In 2017, the company achieved revenues of around €50m. As part of the takeover, 380 employees are moving to OSRAM, thereof 40 in Germany. With this transaction, OSRAM’s Digital Systems (DS) division is not only enlarging its portfolio but also extending its sales options in Germany and in Asia. Taking advantage of the competitive manufacturing environment in the Philippines opens up further options for OSRAM’s location strategy in Asia.
The antitrust authorities have already approved the transaction.
Advisors to OSRAM GmbH: Noerr LLP
Dr Gerald Reger (lead, Corporate/M&A, Munich), Gregor Barbers (Real Estate Investment Group, Düsseldorf), Dr Michael Reiling (Digital Business, Munich), Dr Christoph Rieken (Intellectual Property, Munich)
Associates: Susanne Rummel (Corporate/M&A, Munich), Stephanie Meyer (Real Estate Investment Group, Düsseldorf)
Advisors to OSRAM on Philippine law: Romulo Mabanta Buenaventura Sayoc & de los Angeles
OSRAM inhouse: Jan D. Karraß (lead, Corporate/M&A), Matthias Beer (IP/Commercial), Dr Daniela Steinicke (Commercial), Dr. Sonja Schoch (IP), Bradley Chait (Finance)