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1973: Xenell Corporation is formed.
However, Ward knew that only a manufacturer could control its own margins, so he bought Xenell Corporation in 1985.
Then, in 1992, he made a strategic decision to branch out into the highly fragmented miniature lighting industry through buyouts.
Then, in a strategic move to enable CML to expand beyond its core miniature lighting business, the company purchased STT Badalax, Ltd., designer of automatic bulb manufacturing machinery in 1995.
In 1997, CML bought Sylvania Lighting International B.V. (SLI, B.V.), the third largest lighting company in Europe, for about $165 million cash from Siemens A.G. of Germany.
2000 and Beyond: Continued Expansion, Consolidation, and Restructuring
LEDVANCE was launched as an independent company during the summer of 2016 when it separated from OSRAM.
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| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Powerhouse Retail Services | 1996 | $21.4M | 190 | - |
| A&K Energy Conservation | 1967 | $25.0M | 100 | - |
| Wilson Equipment Co | 1889 | $6.4M | 20 | 7 |
| Closner Equipment Co | 1946 | $1.4M | 50 | 7 |
| VelocityTruckCenters | 1998 | $160.0M | 650 | - |
| Parkway Systems | - | $1.1M | 11 | - |
| Aidant Fire Protection | - | $390,000 | 4 | - |
| Action Air Corporation | - | $2.0M | 10 | 3 |
| Pettit Machinery | 1975 | $28.6M | 50 | - |
| Jersey Coast Appliance | - | $430,000 | 7 | - |
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Sylvania Lighting Services Corp may also be known as or be related to Sylvania Lighting Services and Sylvania Lighting Services Corp.