USA financial news

ams OSRAM and Acuity Manufacturers Attain an Settlement for Acuity Manufacturers to Purchase the Digital Programs Enterprise in North America

ams OSRAM declares the sale of the North America-Primarily based Digital System (DS) enterprise, which primarily manufactures lighting management programs, electronics and drivers, to long-time buyer and companion Acuity Manufacturers. A number one U.S. industrial know-how firm, Acuity Manufacturers is buying the Digital Programs enterprise within the US, Canada and Mexico, which at the moment have about 1100 workers.

ams OSRAM North America Digital Programs enterprise develops and manufactures lighting parts together with drivers, LED mild engines, digital ballast and related parts and is likely one of the largest LED lighting driver firms in North America. LED drivers are an important element of each luminaire and allow good and embedded applied sciences to make lighting and controls extra accessible, dependable, and open for broader entry. The acquisition of ams OSRAM’s LED drivers and group expands Acuity Manufacturers capabilities and its superior LED driver portfolio. Acuity Manufacturers’ possession will deliver a strategic perspective and match to the shoppers, workers and enterprise general.

 

Acuity Manufacturers and DS have an extended historical past of working collectively, spanning a long time. This shut relationship and mutual understanding of one another’s enterprise is anticipated to allow a speedy integration. The corporate will take over the DS enterprise within the USA, Canada and Mexico, together with the manufacturing facility in Monterrey, Mexico. The transaction is anticipated to shut through the summer time of 2021. The events have agreed to not disclose monetary particulars.

 

About ams and OSRAM

 

The ams OSRAM Group, together with the listed firms ams AG as father or mother firm and OSRAM Licht AG, is a worldwide chief in optical options. By including intelligence to mild and keenness to innovation, we enrich individuals’s lives. That is what we imply by Sensing is Life.

 

With over 110 years of mixed historical past, our core is outlined by creativeness, deep engineering experience and the power to supply international industrial capability in sensor and lightweight applied sciences. We create thrilling improvements that allow our clients within the client, automotive, healthcare and industrial sectors preserve their aggressive edge. We thereby drive innovation that meaningfully improves the standard of life when it comes to well being, security and comfort, whereas lowering impression on the setting.

 

Our round 30,000 workers worldwide concentrate on innovation throughout sensing, illumination and visualization to make journeys safer, medical analysis extra correct and day by day moments in communication a richer expertise. Our work creates know-how for breakthrough purposes, which is mirrored in over 15,000 patents granted and utilized. Headquartered in Premstaetten/Graz (Austria) with a co-headquarter in Munich (Germany), the group achieved properly over USD 5 billion mixed revenues in 2020 (pro-forma).

 

ams AG is a listed firm on the SIX Swiss Change (ISIN: AT0000A18XM4). OSRAM Licht AG stays a listed firm on the XETRA market in Germany (ISIN: DE000LED4000).

 

To search out out extra about us on https://ams-osram.com

 

ams is a registered trademark of ams AG. As well as a lot of our services are registered or filed emblems of ams Group. All different firm or product names talked about herein could also be emblems or registered emblems of their respective house owners. Data offered on this press launch is correct at time of publication and is topic to vary with out advance discover.

 

Be part of ams social media channels: >Twitter >LinkedIn >Fb >YouTube

 

Be part of OSRAM social media channels: >Twitter >LinkedIn >Fb >YouTube

 

Please notice: The ams model is owned by ams AG, the OSRAM model is owned by OSRAM GmbH. ams group and OSRAM group are within the means of integration. The mixture of the ams and OSRAM model just isn’t representing a brand new model. It is a visible image of the 2 firms coming collectively, representing the aspiration of our future joined group.

 

View supply model on businesswire.com: https://www.businesswire.com/information/dwelling/20210604005160/en/

CONTACT: For additional info

Media Relations

Amy Flécher

Vice President Company Head of Media Relations

T: +43 664 8816 2121

press@ams.com

ams-osram.com

Jens Hack

Communications and Advertising and marketing

T: +49 89 6213 2129

j.hack@osram.com

ams-osram.com

SOURCE: ams Copyright Enterprise Wire 2021

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