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ams AG: ams OSRAM announces the close of the sale of the North America Digital Systems business to Acuity Brands

·3-min read

DGAP-News: ams AG / Key word(s): Mergers & Acquisitions/Disposal
01.07.2021 / 17:30
The issuer is solely responsible for the content of this announcement.

ams OSRAM announces the close of the sale of the North America Digital Systems business to Acuity Brands

Munich, Germany and Premstaetten, Austria (1 July 2021) -- ams OSRAM (SIX: AMS), a global leader in optical solutions, announces the close of the sale of the North America-based Digital Systems business (DS) in the USA, Canada and Mexico to long-time customer and partner Acuity Brands. DS primarily manufactures lighting control systems, electronics and drivers. With a long history of working together spanning decades, the close relationship and mutual understanding of each other's business is a strong point for the customer base. ams OSRAM and Acuity Brands agreed not to disclose financial details.
 

For further information
Media Relations

Amy Flécher
Vice President Corporate
Communications and Marketing
T: +43 664 8816 2121
press@ams.com
ams-osram.com

About ams OSRAM

The ams OSRAM Group, including the listed companies ams AG as parent company and OSRAM Licht AG is a global leader in optical solutions. By adding intelligence to light and passion to innovation, we enrich people's lives. This is what we mean by Sensing is Life.

With over 110 years of combined history, our core is defined by imagination, deep engineering expertise and the ability to provide global industrial capacity in sensor and light technologies. We create exciting innovations that enable our customers in the consumer, automotive, healthcare and industrial sectors maintain their competitive edge and drive innovation that meaningfully improves the quality of life in terms of health, safety and convenience, while reducing impact on the environment.

Our around 30,000 employees worldwide focus on innovation across sensing, illumination and visualization to make journeys safer, medical diagnosis more accurate and daily moments in communication a richer experience. Our work creates technology for breakthrough applications, which is reflected in over 15,000 patents granted and applied. Headquartered in Premstaetten/Graz (Austria) with a co-headquarters in Munich (Germany), the group achieved well over USD 5 billion combined revenues in 2020 (pro-forma).
ams AG is listed on the SIX Swiss Exchange (SIX: AMS/ISIN: AT0000A18XM4).
Find out more about us on https://ams-osram.com

ams is a registered trademark of ams AG. In addition many of our products and services are registered or filed trademarks of ams Group. All other company or product names mentioned herein may be trademarks or registered trademarks of their respective owners. Information provided in this press release is accurate at time of publication and is subject to change without advance notice.

Join ams social media channels: >Twitter >LinkedIn >Facebook >YouTube

Join OSRAM social media channels: >Twitter >LinkedIn >Facebook >YouTube

Please note: The ams brand is owned by ams AG, the OSRAM brand is owned by OSRAM GmbH. ams group and OSRAM group are in the process of integration. The combination of the ams and OSRAM brand is not representing a new brand. This is a visual symbol of the two companies coming together, representing the aspiration of our future joined group.


01.07.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

Language:

English

Company:

ams AG

Tobelbader Straße 30

8141 Premstaetten

Austria

Phone:

+43 3136 500-0

E-mail:

investor@ams.com

Internet:

https://ams.com

ISIN:

AT0000A18XM4

WKN:

A118Z8

Listed:

Regulated Unofficial Market in Dusseldorf, Frankfurt, Munich, Stuttgart, Tradegate Exchange; BX, SIX, Vienna Stock Exchange (Third Market (MTF))

EQS News ID:

1214453


 

End of News

DGAP News Service

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