OSRAM continues to positioning the carve-out of its general lighting lamps business with rebranding to the name LEDVANCE. Jes Munk Hansen, who has already been at the helm of the lamps business for one year after previously heading OSRAM’s Americas business, is leading the company.
The product portfolio of LEDVANCE covers traditional lighting, modern LED lamps and standardized over-the-counter (OTC) luminaires, as well as connected and intelligent lighting solutions for smart homes and smart buildings.
The schedule for the formal carve-out of LEDVANCE remains unchanged: The organizational separation of the lamps business is to be completed as of April 1, 2016, while the legal separation is planned for July 1, 2016.