Continental and Osram plan joint venture for automotive lighting

Continental and Osram announced plans to form a 50/50 joint venture called Osram Continental GmbH to develop intelligent lighting solutions for the automotive industry. The JV is scheduled to start in 2018, with a sales target in the mid-triple-digit-million-euro range and around 1,500 employees.

“Technology companies Continental and Osram today announced their intention to establish a joint venture.”prnewswire.com

• 1 source
• prnewswire.comContinental and Osram Planning Joint Venture for Intelligent Lighting Solutions in the Automotive SectorContinentalNov 6, 2017

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