ams OSRAM announces the closing of the sale of the AMLS business to Plastic Omnium

News Source: 
Premstaetten, Austria and Munich, Germany (1 July 2022) -- ams OSRAM (SIX: AMS), a global leader in optical solutions, announces the closing of the sale of the AMLS (Automotive Lighting Systems) business to Plastic Omnium (Euronext: POM). ams OSRAM will continue to be a key supplier of automotive LED and optical components to Plastic Omnium.
 
AMLS was established on 1 October 2021 following the dissolution of the OSRAM Continental joint venture. AMLS combines lighting technology with electronics and software to develop smart and innovative full lighting systems for the automotive industry. This transaction did not include other ams OSRAM technologies and products for automotive OEMs and the automotive aftermarket.
 

TrendForce 2022 Global Automotive LED Product Trend and Regional Market Analysis
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1. PDF- 30 June 2022
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