Osram takes over BAG electronics
The Trilux subsidiary BAG electronics, headquartered in Arnsberg, was sold to Osram. BAG specializes in ballasts, LED modules and software for innovative lighting solutions.
The 35 employees in Arnsberg are also taken over, likewise the 340 employees at the site in the Philippines.
The relevant competition authorities still have to agree.
Part of the contract is a 5-year supply agreement with a specified minimum volume of sales, after which Osram will supply components to Trilux.