Organizations
Lumileds Completes Sale of Lamps and Accessories Business to First Brands Group
Lumileds, LLC, one of the world’s leading LED manufacturers and solution providers for the global automotive, illumination, display, and flash markets announces that last month, it completed the sale of its Lamps and Accessories business to First Brands Group, LLC (“First Brands”), a global…
“The completion of this transaction strengthens Lumileds and enables the company to focus on our core LED business,” said Steve Barlow, CEO. “Lumileds is committed to continued collaboration with our customers to solve market needs, and to producing innovative LED solutions that drive growth, improve profitability, and generate value for Lumileds, our customers, and stakeholders alike.
Citi acted as financial advisor and DLA Piper acted as legal advisor to Lumileds.
