Osram and Clay Paky Acquire ADB Operations to Expand Leadership in Entertainment LightingOsram is expanding in the entertainment sector and has acquired certain assets from ADB TTV SAS and continue their business operations. The acquired business will become integral part of Osram's subsidiary Clay Paky. ADB is a French company with a factory in Saint Quentin, which specializes in lighting for theaters and TV studios. The transaction was completed on August 3, 2016. "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. Originally founded in Belgium in 1920, ADB TTV SAS has held a leading position for decades as a top supplier of lighting solutions for theater and television studios. The company's product portfolio includes luminaires, dimmers, and lighting control desks. The company's products are sold worldwide through a network of qualified independent distributors. Applications have included various prestigious theatres such as the National Grand Theatre in Beijing, the Opera Garnier in Paris, and the Teatro alla Scala in Milan. "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 theater market," explains Pio Nahum, CEO of Clay Paky. "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." Learn more about ADB TTV SAS at: www.adblighting.com. 
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