Clay Paky announces acquisition by Osram
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Following the acquisition, which is subject to approval by the relevant antitrust authorities, Clay Paky will continue to operate from its production and administrative head office in Bergamo, Italy. Key positions will remain in place, ensuring continuity in management, the company says.
"Integration with OSRAM, which has a great wealth of technological competence and an in-depth knowledge of the lighting market, is an ideal opportunity for the further development of Clay Paky," says Pasquale