Browse：1779 Date：2016/11/24 14:00:04
Osram said the Maneri-Agraz acquisition will help it grow its service business in the South and Southwest regions of the US. Maneri-Agraz will be part of the Sylvania Lighting Solutions organization that focuses on lighting services, and is part of the Osram Lighting Solutions business unit.
“The acquisition demonstrates Osram’s commitment to pursuing opportunities that fit our strategic growth plans, and to expanding our service-oriented business,” said Eladia Pulido, CEO of Osram Lighting Solutions. Osram said Maneri-Agraz is a profitable company and that annual revenue is “in the low double-digit millions.” The company has a number of customers in the food and beverage manufacturing and distribution business, and the list includes major names such as Pepsico, Quaker, and Dole.
“Maneri-Agraz has taken great pride in delivering the highest quality service to our customers for more than 20 years, and we are proud to become part of the Sylvania Lighting Solutions team,” said John Maneri, founder of Maneri-Agraz. Maneri will serve as a consultant to Osram going forward and business partner Frank Agraz is taking a position at Osram in business development.
