Continental and Osram plan vehicle lighting joint venture

Continental and Osram are planning to set up a joint venture to develop lighting products for the automotive industry, with Osram contributing parts of its automotive lighting business and Continental contributing electronic control systems. The joint venture is expected to start early next year, employ about 1,500 workers, and have combined operations worth between 200 million euros.

“Germany's Continental and Osram are planning to set up a joint venture to develop lighting products for the automotive industry.”reuters.com

• 1 source
• reuters.comContinental, Osram plan vehicle lighting joint venture: WirtschaftswocheJul 12, 2017

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