Osram is strengthening its electronic component business with the acquisition of BAG electronics, a Trilux subsidiary. BAG specializes in LED modules and software for innovative LED lighting solutions. The company, based in Arnsberg in North Rhine-Westphalia, was previously part of the Trilux Group. Following the takeover, its 380 employees have moved to Osram. At the same time, a strategic five-year supply contract including a minimum sales volume has been agreed, with Osram supplying Trilux with components for use in its lights. BAG generated revenues of around €50 million in 2017.
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