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Tag Archives: LED lighting market

Havells to sell 80% stake in Sylvania, focus on domestic LED lighting market

Havells to sell 80% stake in Sylvania, focus on domestic LED lighting market

By BizLED Bureau Dec 10, 2015: Havells India, a leading manufacturer of lighting and electrical products, will divest its majority stake (around 80%) in Sylvania, acquired in 2007. The company is negotiating with some of the leading global players in the lighting industry and private equity firms. According to an official, the deal is expected to be complete shortly. Havells ...

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