EQS-News: ams-OSRAM AG: ams OSRAM signs agreement to sell its entertainment lighting business Clay Paky to ARRI AG
EQS-News: ams-OSRAM AG: ams OSRAM signs agreement to sell its entertainment lighting business Clay Paky to ARRI AG
EQS-News: ams-OSRAM AG / Key word(s): Disposal
ams-OSRAM AG: ams OSRAM signs agreement to sell its entertainment lighting
business Clay Paky to ARRI AG
20.12.2022 / 08:00 CET/CEST
The issuer is solely responsible for the content of this announcement.
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ams OSRAM signs agreement to sell its entertainment lighting business Clay
Paky to ARRI AG
• ams OSRAM announces the planned divestment of Clay Paky
• The business will become part of ARRI, a global player within the
motion picture and broadcast industry
• With this agreement, ams OSRAM implements the last of the divestments
which the company had communicated to pursue following the acquisition
of OSRAM, strengthening the focus on core technology areas
Premstaetten, Austria (20 December 2022) – ams OSRAM (SIX: AMS), a global
leader in optical solutions, announced today that it has entered into a
definitive agreement to sell its Clay Paky entertainment lighting business
to Germany based ARRI AG. The transaction is subject to customary closing
conditions.
Clay Paky, established in 1976 and acquired by OSRAM in 2014, is
headquartered in Seriate, Italy and is recognized as a leading global
provider and worldwide reference brand in the professional high-end
entertainment lighting market. Clay Paky has strengthened its technology
leadership through LED- and Laser based portfolio extensions, and offers
an innovative, award-winning portfolio of moving body and moving mirror
projectors, color-changers, followspots, projectors and various lighting
effects. Clay Paky is a leading partner for the world’s most renowned
entertainers, global events, and theaters.
ARRI AG, headquartered in Munich, Germany, is a leading designer and
manufacturer of camera and lighting systems as well as system solutions
for the film, broadcast, and media industries, with a worldwide
distribution and service network.
“The acquisition of Clay Paky is a strategic, long-term investment into
our lighting business,” said ARRI CEO Dr. Matthias Erb. “Clay Paky enjoys
premium recognition in the entertainment lighting market while ARRI is
recognized as a premium manufacturer in motion picture and broadcast
lighting. This premium position of the two brands shows, that both
companies are an ideal match and can further expand their respective
businesses under the unified parent company.”
Dr. Wilhelm Nehring, EVP Business Unit Digital at ams OSRAM commented:
“ARRI AG is an ideal new home for the Clay Paky team in Seriate and all
around the world. ARRI’s global footprint, strong technology track record
and market understanding will offer a very attractive long-term
perspective for Clay Paky and their customers.”
“We are very happy to be joining the ARRI family. Both companies have a
leading position in their field, thanks to a deep market knowledge,
innovation power and customer understanding. We both share a rich heritage
of, and unconditional passion for technology and innovation in a
professional industry that fascinates thousands of people around the
world. Together with ARRI, we will continue to deliver on our vision – to
create the best in class lighting equipment, services and offer world
level reference products to an even broader customer base,” said Marcus
Graser, Managing Director of Clay Paky.
With this agreement, ams OSRAM implements the last of the divestments
which the company had communicated to pursue following the acquisition of
OSRAM. ams OSRAM will continue to focus on the high technology
semiconductor business and its automotive & specialty lamps business and
the announcement represents a further milestone in the implementation of
ams OSRAM’s strategy to focus on core technology areas in illumination,
visualization, and sensing and to divest businesses that are not core to
the company’s strategy.
For more information on ARRI AG please visit arri.com. For more
information about ams OSRAM please visit our website at ams-osram.com.
Press Contact:
Media Relations Investor Relations
ams-OSRAM AG ams-OSRAM AG
Amy Flécher Moritz M. Gmeiner
Vice President Corporate Communications Head of Investor Relations
T +43 664 8816 2121 T +43 3136 500 31211
[1]press@ams-osram.com [2]investor@ams-osram.com
ams-osram.com ams-osram.com
ams-OSRAM AG
Hilary McGuinness
Head of Public Relations
T: +49 151 276 70 184
[3]press@ams-osram.com
ams-osram.com
About ams OSRAM
The ams OSRAM Group (SIX: AMS) 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 automotive, consumer,
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 22,000 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 over EUR 5 billion revenues in 2021 and is listed as
ams-OSRAM AG on the SIX Swiss Exchange (ISIN: AT0000A18XM4).
Find out more about us on [4] 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.
Join ams OSRAM social media channels: [5]>Twitter [6]>LinkedIn
[7]>Facebook [8]>YouTube
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20.12.2022 CET/CEST This Corporate News was distributed by EQS Group AG.
www.eqs.com
══════════════════════════════════════════════════════════════════════════
Language: English
Company: ams-OSRAM AG
Tobelbader Straße 30
8141 Premstaetten
Austria
Phone: +43 3136 500-0
E-mail: investor@ams-osram.com
Internet: https://ams-osram.com/
ISIN: AT0000A18XM4
WKN: A118Z8
Listed: Regulated Unofficial Market in Dusseldorf, Frankfurt, Munich,
Stuttgart, Tradegate Exchange; BX, SIX, Vienna Stock Exchange
(Vienna MTF)
EQS News ID: 1516853
End of News EQS News Service
1516853 20.12.2022 CET/CEST
References
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