MLS to Have Full Control of Ledvance - Energy Watch News

MLS to Have Full Control of Ledvance

The largest China-based LED packaging service provider MLS will spend up to $580 million acquiring the whole ownership of Guangdong Mingxin Optoelectronic, which holds a 100% stake in Ledvance, originally a lighting business unit of Osram. MLS said the acquisition will give it actual control of Ledvance’s business operation. MLS said it will combine its manufacturing capability with Levance’s complementary marketing resources to enhance Ledvance’s international marketing.

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