Osram Lighting Services Unit Buys ESCO

March 1, 2017
Osram moved to strengthen its lighting services business in the U.S. by acquiring the operations of Maneri-Agraz Enterprises, Houston, a national provider of energy-efficient lighting solutions in commercial and industrial facilities.

Lighting manufacturer Osram, based in Munich with its U.S. headquarters in Wilmington, MA, moved to strengthen its lighting services business in the U.S. by acquiring the business operations of Maneri-Agraz Enterprises, Houston, a national provider of energy-efficient lighting solutions in commercial and industrial facilities.

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.

Osram didn’t characterize the overall size of Maneri-Agraz except to say the company has annual revenue “in the low double-digit millions” (U.S. dollars). Maneri-Agraz’s client base includes large, well-known food and beverage manufacturing and distribution facilities, as well as technology companies and aerospace facilities, among others.

Maneri-Agraz provides its solutions to a variety of markets, ranging from manufacturing and warehousing to retail and the public sector. The deal allows Osram’s service business to increase its reach in the South and Southwest region of the U.S. in the commercial and industrial business sector.