Translate:

Baker & McKenzie advised OSRAM Licht AG on the sale of its general lighting lamps business under the name "Ledvance" pertaining to the IP aspects of the transaction. Previously Baker & McKenzie also accompanied the carve-out process of the Ledvance business in IP law.

 

The buyer of the business known as Ledvance is a Chinese consortium consisting of the strategic investor IDG Capital Partners (IDG), the Chinese lighting company MLS Co., Ltd. (MLS) and the financial investor Yiwu State-Owned Assets Operation Center (Yiwu). The purchase price amounts to more than €400 million. In addition, OSRAM and Ledvance have agreed that Ledvance may continue to use the OSRAM and Sylvania brands on the product level. The transaction is subject to certain conditions and completion is subject to approval by the competent authorities. Completion of the transaction is expected in the course of the financial year 2017th.  

 

OSRAM, based in Munich, is a globally leading lighting manufacturer with a history dating back more than 100 years. The portfolio ranges from high-tech applications based on semiconductor technology, such as infrared or laser lighting, to smart and connected lighting solutions in buildings and cities.  

 

Baker & McKenzie regularly advises on transactions and restructuring, including the IP law matters, most recently Allegion on acquiring Trelock, Magna on acquiring Telemotive, HITACHI Koki on the purchase of Metabo AG, ZF Friedrichshafen AG on the acquisition of the industrial and wind gear business of Bosch Rexroth AG, Group Le Duff on the acquisition of Kamps and Telefónica / e-Plus on selling yourfone to Drillisch.  

  

Legal advisor to OSRAM:

Baker & McKenzie  

 

Lead:                                                     

IP:                                                                              

Sales process Dr. Benjamin Koch (Partner, Munich);                                                                              

Carve-Out lead: Dr. Benjamin Koch (Partner, Munich), Dr. Michael Fammler, LLM (Partner, Frankfurt)

 

Team:                                                   

IP: Dr. Markus Hecht (Associate, Frankfurt), Philip Schmitz (Associate, Munich)                                                                              

Antitrust: Katharina Spenner (Partner, Munich) 

 

OSRAM inhouse: Dr. Ulrich Müller (General Counsel), Dr. Sonja Schoch, Dr. Bastian Arnold, Dr. Benjamin Paul (all IP)

Explore Our Newsroom