EQS-News: ams OSRAM sells its Entertainment and Industry Lamps business to Ushio Inc. for EUR 114 m as first divestment under its deleveraging plan

ams OSRAM sells Entertainment & Industry Lamps business to Ushio Inc. for EUR 114 m as first divestment under its deleveraging plan

• Sale of Entertainment and Industry Lamps business to Ushio Inc. (Japan), closing expected Q1/26
• Deal value EUR 114 m, approx. 500 employees will transition to Ushio Inc.
• First divestment under the deleveraging plan where proceeds well above EUR 500 m are targeted

 

Premstaetten, Austria, and Munich, Germany (29 July 2025) -- ams OSRAM sells its Entertainment and Industry Lamps business to Ushio Inc. for EUR 114 m as first divestment under its deleveraging plan

“After the successful extension of the Revolving Credit Facility and the placement of additional senior notes, we deliver today the first result of our accelerated deleveraging plan in terms of executing divestment options. With Ushio, we have found the perfect new home for our sophisticated, high-end specialty lamps niche-business. At the same time, we are further streamlining our portfolio towards our core markets.” said Aldo Kamper, CEO of ams OSRAM.

Sale of Entertainment and Industry Lamps business

ams OSRAM has signed an agreement with Ushio Inc., a global leader in the field of optical technologies, headquartered in Tokyo, Japan, for the sale of its Entertainment and Industry Lamps (ENI) business. The transaction is expected to close until end of March 2026, subject to typical closing procedures. The purchase price of EUR 114 million is on a cash-and-debt-free basis. Net deal proceeds will be determined upon final closing accounts at date of closing.

ENI’s product portfolio ranges from specialty lamps for infrastructure and cinema applications to extremely sophisticated light sources for semiconductor wafer fabrication equipment (WFE). The profitable ENI business delivered revenues of approx. EUR 170 million in 2024.

Ushio Inc. has approx. 6,000 employees and provides light units, equipment, systems, and services through developing new light sources and developing and applying proprietary optical technology, serving a multitude of industrial segments.

 

Executing its balance sheet improvement plan

On 30 April 2025, ams OSRAM announced its accelerated, comprehensive plan to reach its target leverage ratio of net-debt / adj. EBITDA below 2 consisting of various, complementary elements. Amongst these are an improving free-cash-flow performance on the back of a seamless execution of its strategic efficiency program ‘Re-establish the Base’, structural growth in the core semiconductor business, the disposal of its 8-inch-Kulim facility thereby eliminating the sale & leaseback liability for this factory, as well as the consideration of strategic options for various additional assets (e.g. divestments) with the goal to generate proceeds well above EUR 500 million.

The sale of its ENI Business to Ushio Inc. is the first step in these considerations.

 

 

 

 

About Ushio Inc. (Head office: Tokyo, TSE: 6925)

Established in 1964. The company manufactures and sells lamps, lasers, light emitting diodes, and other light sources in the ultraviolet, visible, and infrared bands of the spectrum along with optical and imaging equipment incorporating these devices. Numerous Ushio products in the industrial process field, which encompasses the manufacturing of semiconductors, flat panel displays, electronic components and other products, and in the visual imaging field, characterized by digital projectors, illumination, and other products, have large market shares. In recent years, Ushio’s operations have expanded to the life science field, most notably medical applications and the environment. https://www.ushio.co.jp

 

About ams OSRAM

The ams OSRAM Group (SIX: AMS) is a global leader in innovative light and sensor solutions.

With more than 110 years of industry experience, we combine engineering excellence and global manufacturing with a passion for cutting-edge innovation. Our commitment to pushing the boundaries of illumination, visualization, and sensing enable transformative advancements in the automotive, industrial, medical, and consumer industries.

“Sense the power of light” – our success is based on the deep understanding of the potential of light and our distinct portfolio of both emitter and sensor technologies. About 19,700 employees worldwide focus on pioneering innovations alongside the societal megatrends of digitalization, smart living and sustainability. This is reflected in over 13,000 patents granted and applied. Headquartered in Premstaetten/Graz (Austria) with co-headquarters in Munich (Germany), the group achieved EUR 3.4 billion revenues in 2024 and is listed as ams-OSRAM AG on the SIX Swiss Exchange (ISIN: AT0000A3EPA4). 

 

Find out more about us on https://ams-osram.com  

Ams is a registered trademark of ams-OSRAM AG. In addition, many of our products and services are registered or filed trademarks of ams OSRAM Group. All other company or product names mentioned herein may be trademarks or registered trademarks of their respective owners.  

 

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For further information
Investor Relations ams-OSRAM AG Dr Juergen Rebel Senior Vice President Investor Relations T: +43 3136 500-0 investor@ams-osram.com	Media Relations ams-OSRAM AG Bernd Hops Senior Vice President Corporate Communications T: +43 3136 500-0 press@ams-osram.com