Recently, Osram announced the acquisition of BAG Electronics, a subsidiary of Trilux Group, to strengthen its leading position in the field of electronic components. At the same time, the two parties reached an agreement and signed a strategic five-year supply contract with minimum sales regulations. The contract stipulates that Osram will supply Trilux with the components used in the luminaire. Baxter Electronics Co., Ltd. is a supplier of LED modules and software for innovative lighting solutions, headquartered in Arnsberg, North Rhine-Westphalia, Germany. Baxter Electronics achieved revenue of approximately 50 million Euros in 2017.

OSRAM acquires leading position in Trilux's electronically rugged electronic components

The acquisition is still awaiting approval from the relevant market competition management department, and the two parties have reached an agreement to keep the financial details confidential. Mr. Wilhelm Nehring, Global CEO of Digital Systems, Osram, said: "This acquisition complements the portfolio of state-of-the-art electronic ballasts used by OSRAM and is in line with our vision of transforming high-tech companies." Electronics Co., Ltd. has more than 380 employees, 40 of whom work in Germany. Upon completion of the acquisition, all employees of Baxter Electronics are integrated into the OSRAM Group.

Baxter specializes in the manufacture of LED lighting systems and innovative controllers for people-oriented lighting (HCL). This bio-effective light simulates the natural changes in daylight, bringing a balanced and motivating light to employees in office and industrial buildings.

The acquisition is another step in the implementation of OSRAM's transformation of high-tech companies. The acquisition of Baxter Electronics Co., Ltd. not only expands the product portfolio of OSRAM Digital Lighting Systems (Digital Systems), but also increases sales and distribution channels for OSRAM in Germany and Asia. In addition, the production base in the Philippines is highly competitive in the market and provides more opportunities for OSRAM to expand its market share in Asia.

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