Flexible Electronics News

ams OSRAM Sold Entertainment & Industry Lamps Business to Ushio Inc.

The transaction closed today in a deal worth 114 million euros.

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By: Rachel Klemovitch

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ams OSRAM has closed the sale of its Entertainment and Industry Lamps business to Ushio Inc. (Japan) with a deal value of 114 million euros. “The successful completion of the sale of our Entertainment and Industry Lamps business to Ushio Inc. represents another important milestone,” said Aldo Kamper, CEO of ams OSRAM. “It advances our balance‑sheet deleveraging strategy and strengthens our focus on building a global leader in Digital Photonics.” Ushio Inc., headquartered in Tokyo, Japan, i...

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