Subject to the approval of the relevant antitrust authorities, OSRAM, one of the
leading lighting manufacturers of the world, today announced the sale of its Global
Tungsten and Powders (GTP) business unit to Plansee Group, of Reutte, Austria.
The sale will include a United States facility in Towanda, Pa., and Sylvania Tungsten
s. r.o., a subsidiary of OSRAM`s Bruntál operation in the Czech Republic.
GTP has more than 1000 employees, sales accounted for approximately 280 Mio. EUR in
fiscal year 2007.
The sale price was not disclosed.
Morning Times
