M&A Deal Summary

OSRAM Acquires Novita Technologies

On July 21, 2016, OSRAM acquired automotive company Novita Technologies

Acquisition Highlights
  • This is OSRAM’s 1st transaction in the Automotive sector.
  • This is OSRAM’s 1st transaction in the United States.
  • This is OSRAM’s 1st transaction in Tennessee.

M&A Deal Summary
Date 2016-07-21
Target Novita Technologies
Sector Automotive
Buyer(s) OSRAM
Deal Type Add-on Acquisition

Target

Novita Technologies

Hendersonville, Tennessee, United States
Novita Technologies, Inc. is a manufacturer of automotive LED modules which are used particularly in tail lights, fog lights and daytime running lights.

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Buyer(S) 1

Buyer

OSRAM

Munich, Germany
Category Company
Sector Manufacturing
Employees40,000
Revenue 4.7B EUR (2010)
DESCRIPTION

OSRAM (Munich) belongs to the Industry Sector of Siemens and is one of the two leading light manufacturers in the world.

DEAL STATS #
Overall 6 of 11
Sector (Automotive) 1 of 1
Type (Add-on Acquisition) 3 of 8
State (Tennessee) 1 of 1
Country (United States) 1 of 6
Year (2016) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-08-08 Clay Paky

Seriate, Italy

Clay Paky SpA is a manufacturer of entertainment lighting for shows and events. Clay Paky was formed in 1976 and is based in Seriate, Italy.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-02-06 Maneri-Agraz Enterprises

Houston, Texas, United States

Maneri-Agraz Enterprises Ltd. is a provider of energy-efficient lighting solutions in commercial and industrial facilities.

Buy -
Mergr

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