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Osram Acquires Maneri-Agraz

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Light manufacturer Osram GmbH has acquired the business operations of Houston-based Maneri-Agraz Enterprises Ltd., a national provider of energy-efficient lighting solutions.

Maneri-Agraz will be part of Osram’s service division Sylvania Lighting Solutions (SLS), which is a segment of Osram’s Lighting Solutions business unit. Its client base includes food and beverage manufacturing and distribution facilities, technology companies, and aerospace facilities, among others.

“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, who will serve as a consultant. Maneri’s business partner, Frank Agraz Jr., will join SLS as a business development manager.

The deal allows Osram’s service business to increase its reach in the southern U.S. commercial and industrial business sector. The company's North American operation is Osram Sylvania, headquartered in Wilmington, Mass.

“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 is a developer of lighting solutions for diverse applications ranging from virtual reality, autonomous driving or mobile phones to smart and connected lighting solutions in buildings and cities.

Photonics Spectra
Apr 2017
Businesslight sourcesindustrialOsramManeri-Agraz Enterprisedmergers & acquisitionsEuropelight speed

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