ams OSRAM completes EUR 114m lamps business sale
Sensor and photonics company ams OSRAM has completed the sale of its Entertainment and Industry Lamps business to Japan-based Ushio Inc. for EUR 114 million. The transaction was closed on 2 March 2026.
The deal was agreed on a cash and debt-free basis and forms part of ams OSRAM’s accelerated deleveraging programme. The company aims to reduce its net-debt-to-adjusted-EBITDA ratio to below 2.
The divested business includes production facilities in Berlin, around 500 employees, research and development capabilities and associated intellectual property. The buyer, Ushio Inc, operates globally in optical technologies.
Aldo Kamper, CEO of ams OSRAM, stated in the press release that the transaction represents a milestone in the company’s balance sheet deleveraging strategy. He added that the divestment supports the company’s focus on its core activities in digital photonics.
ams OSRAM announced the agreement to sell the business to Ushio on 29 July 2025 as the first step in its broader plan to strengthen its financial position.
