OSRAM and CLAY PAKY acquire ADB operations to expand leadership in entertainment lighting.

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OSRAM is expanding its leading market position in the entertainment
sector and has acquired certain assets from ADB TTV SAS and continue their
business operations. The acquired business will become integral part of OSRAM’s
subsidiary Clay Paky. ADB is a French company with a factory in Saint Quentin, which
specializes in lighting for theaters and TV studios. The transaction was
completed on 3 August 2016. “With the acquisition of ADB TTV SAS’ business and
the highly reputable ADB brand, we will expand our position in the
innovation-driven entertainment lighting market”, said Hans-Joachim Schwabe,
CEO of OSRAM\’s Specialty Lighting business unit.

Originally founded in Belgium in
1920, ADB TTV SAS has held a leading position for decades as a top supplier of
lighting solutions for theater and television studios. The company’s product
portfolio includes luminaires, dimmers and lighting control desks. The
company’s products are sold worldwide through a network of qualified
independent distributors. Applications have included various prestigious
theatres such as the National Grand Theatre in Beijing, the Opera Garnier in
Paris and the Teatro alla Scala in Milan.

“ADB brings a wealth
of experience in stage and studio lighting and a comprehensive range of
products that are fully complementary to ours. By joining forces, we will be
able to merge this unique application focus with our innovation drive and
technology leadership. As a result, we will be able to design the next
generation of products to drive the evolution of the demanding theater market”,
explains Pio Nahum, CEO of Clay Paky.

“I am proud for
having found a new and safe roof for ADB’s activities”, said Christian Léonard,
owner and CEO of ADB TTV SAS since 2002. “OSRAM and Clay Paky will inject
resources and know-how that will give the ADB brand a bright future, with excellent
and innovative products, continuity of support and service for our loyal
customers and serenity for our employees and partners”.    

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