Hengeler Mueller advises Osram on joint venture with Continental
03. April 2018
Technology companies Osram and Continental signed a contract to establish a joint venture. It will combine innovative lighting technology with electronics and software to develop, manufacture and market intelligent lighting solutions for the automotive industry. The global joint venture will operate under the name Osram Continental GmbH and have its registered office in the Munich region. The aim is to generate annual sales in the mid-triple-digit-million-euro range with a workforce of around 1,500 employees and 17 locations worldwide. The joint venture is scheduled to start in 2018 subject to antitrust approvals.
Hengeler Mueller is advising Osram on the transaction. The Hengeler Mueller team is led by partner Simon Patrick Link (Corporate/M&A) and includes partners Hans-Jörg Ziegenhain (M&A), Matthias Scheifele (Tax) (all Munich), Thorsten Mäger (Antitrust, Düsseldorf) as well as associates Aris Marinello, Lisa Kopp (both Corporate/M&A, Munich), Anja Balitzki and Philipp Otto Neideck (both Antitrust, Düsseldorf).