ams OSRAM completes the transaction to sell Entertainment & Industry Lamps business to Ushio Inc.

•  Sale of Entertainment and Industry Lamps business to Ushio Inc. (Japan) completed

• Deal value EUR 114 m (cash & debt free)

• Execution of the deleveraging plan is well on track 

​​​Premstaetten, Austria, and Munich, Germany (2 March 2026) – ams OSRAM has closed the sale of Entertainment and Industry Lamps business to Ushio Inc. (Japan) with a deal value of EUR 114 million

“The successful completion of the sale of our Entertainment and Industry Lamps business to Ushio Inc. represents another important milestone,” said Aldo Kamper, CEO of ams OSRAM. “It advances our balance‑sheet deleveraging strategy and strengthens our focus on building a global leader in Digital Photonics.”

Executing the balance sheet deleveraging plan

On 30 April 2025, ams OSRAM announced an accelerated and comprehensive deleveraging plan aimed at achieving target leverage ratio of net-debt to adjusted EBITDA of below 2, supported by several complementary elements.  As part of this plan, the company announced two transactions. 

On 29 July 2025, ams OSRAM announced the first transaction, the sale of its Entertainment and Industry Lamps business to Ushio Inc. for a cash and debt-free purchase price of EUR 114 m. Ushio Inc. (https://www.ushio.co.jp), headquartered in Tokyo, Japan, is a global leader in optical technologies. The transaction comprises production facilities in Berlin, in total approx. 500 employees, research & development capabilities and the associated intellectual property.

The transaction closed today.