SYLVANIA Lighting Services (SLS), a subsidiary of lighting manufacturer OSRAM SYLVANIA, has signed an agreement to buy the operating assets of Amtech Lighting Services from ABM Industries Incorporated. The transaction is expected to close prior to Oct. 31, 2008, subject to customary closing conditions.
"SYLVANIA Lighting Services will now be the country's most comprehensive lighting service organization," said Tim Lesch, OSRAM SYLVANIA vice president of General Illumination sales and marketing. "We will continue to provide Amtech Lighting customers with world-class service, delivered by an expanded network of highly effective service professionals and backed-up by a powerful infrastructure with state-of-the-art technology."
The deal will expand SLS to new local and regional markets across the country and strengthen its presence in the banking, office and industrial markets. The SLS service fleet will increase from 500 to 900 vehicles nationwide, following the sale.
About SYLVANIA Lighting Services
SYLVANIA Lighting Services (SLS) is the industry leader in turnkey energy management programs for interior and exterior lighting systems as well as preventive maintenance programs. With over 35 years of experience, the company provides dedicated lighting design capabilities, the best delivery of services, access to new energy-efficient lighting products, and a computer-routed national service fleet. SLS offers customers a single point of contact for all of their lighting needs, including recycling. A subsidiary of OSRAM SYLVANIA, SLS is a national company and is headquartered in Danvers, Massachusetts. For more information, please refer to our website at: http://www.sylvania.com/sls.
About OSRAM SYLVANIA
OSRAM SYLVANIA is a leader in lighting solutions that feature innovative design and energy saving technology. The company sells products for homes, businesses and vehicles primarily under the SYLVANIA brand name, and also under the OSRAM brand. Headquartered in Danvers, Mass., OSRAM SYLVANIA is the North American operation of OSRAM GmbH, a wholly owned subsidiary of Siemens AG. For more information, visit http://www.sylvania.com.