ams AG, a leading worldwide supplier of high performance sensor solutions, has announced the successful closing of the OSRAM Licht AG (OSRAM) acquisition. The takeover offer has been fully settled and the offer price paid to the holders of the tendered shares.
Commenting on the eve, Alexander Everke, CEO of ams stated that the company is proud to have successfully closed the acquisition of OSRAM and it is a vital milestone on their path to combine ams and OSRAM into a worldwide leader in sensor solutions and photonics. Together, the companies will be able to offer customers exciting new products and solutions driving innovation in optical technologies.
Firmly rooted in Europe, ams will leverage the strong technology, IP and market position of OSRAM in combination with their own and are convinced of their potential to become a world leader in the optical space.
Following the closing, ams holds 69% of all shares in OSRAM (excluding treasury shares) on the basis of the takeover offer and additional purchases equivalent to a transaction value of around EUR 2.7 billion. As the majority shareholder of OSRAM, ams expects to gain representation on the Supervisory Board of OSRAM based on its shareholding shortly. ams will announce further steps towards the integration of the two companies in due course.