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Reach agreement to sell the independent and dedicated AMLS business for €65 million.
March 28, 2022
By: DAVID SAVASTANO
Editor, Ink World Magazine
ams OSRAM announced the agreement to sell the independent and dedicated AMLS (Automotive Lighting Systems GmbH) business to Plastic Omnium for a purchase price of €65 million. The transaction represents a further step in the implementation of ams OSRAM’s previously communicated strategy to focus on dedicated strategic core technology and divesting businesses that are not seen as core to the corporate strategy. ams OSRAM will continue to be a key supplier of automotive LED and optical componen...
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