Osram and Clay Paky acquire ADB4 August 2016
Osram has acquired certain assets from ADB TTV SAS, which will become a key part of Osram’s subsidiary Clay Paky.
ADB is a French company with a factory in Saint Quentin, which specialises in lighting for theatres and TV studios.
“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.
Pio Nahum, CEO of Clay Paky explained: “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 theatre market.”
“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.”