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

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   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

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