ADB is a French company which specializes in lighting for theatres and TV studios based in Saint Quentin. The transaction was completed on 3 August 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 theatre 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 theatre market," said Pio Nahum, CEO of Clay Paky.
(Jim Evans)
