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Osram and Clay Paky acquire ADB operations
Osram is expanding its market position 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 3 August 2016.
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