Lighting Industry

MLS Becomes Sole Owner of LEDVANCE

LEDVANCE GmbH, formerly OSRAM SYLVANIA, is now fully owned by MLS, a Chinese LED lighting company, through a share deal with the strategic investor IDG Capital and the financial investor Yiwu.

At the beginning of 2017, a Chinese consortium led by IDG Capital and including MLS and Yiwu acquired LEDVANCE from OSRAM. As part of the deal, IDG Capital and Yiwu will become shareholders of MLS via a joint investment.

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Craig DiLouie

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