# 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.

- Type: Partnership
- Announced: 2017-07-12
- Where: Germany
- Value: $228.0M (200.0M EUR)
- Jobs: 1,500
- Status: announced
- Products: vehicle lighting products, electronic control systems
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Continental](https://endata.com/companies/925.md) (partner)
- [OSRAM](https://endata.com/companies/16573.md) (partner)

## Sources

- [reuters.com](https://www.reuters.com/article/technology/continental-osram-plan-vehicle-lighting-joint-venture-wirtschaftswoche-idUSKBN19X2EI/), 2017-07-12: "Germany's Continental and Osram are planning to set up a joint venture to develop lighting products for the automotive industry."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.