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ams-OSRAM AG: ams OSRAM signs agreement to sell its Clay Paky entertainment lighting business to ARRI AG
20.12.2022 / 08:00 CET/CEST
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ams OSRAM signs agreement to sell its Clay Paky entertainment lighting business to ARRI AG
ams OSRAM announces planned sale of Clay Paky
The business will become part of ARRI, a global player in the film and broadcasting industry
With this agreement, ams OSRAM implements the last of the investments that the company had communicated to follow after the acquisition of OSRAM, strengthening the focus on key technology areas
Premstaetten, Austria (December 20, 2022) – ams OSRAM (SIX: AMS), a global leader in optical solutions, announced today that it has entered into a definitive agreement to sell its entertainment lighting business Clay Paky to ARRI AG based in Germany. The transaction is subject to customary closing conditions.
Clay Paky, founded in 1976 and acquired by OSRAM in 2014, is headquartered in Seriate, Italy and is recognized as the 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 expansions, and offers an innovative, award-winning portfolio of moving body projectors and moving mirrors, color shifters, followers, projectors and effects. different lighting. Clay Paky is a premier partner for the world’s most popular artists, global events and theaters.
ARRI AG, headquartered in Munich, Germany, is a leading designer and manufacturer of camera and lighting systems and system solutions for the film, broadcast and media industries, with a worldwide distribution and service network.
“The acquisition of Clay Paky is a strategic and long-term investment in 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 film and broadcast lighting. This premium positioning 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 at Seriate and worldwide. ARRI’s global footprint, strong technology history and market understanding will provide a very attractive long-term perspective for Clay Paky and their customers.”
“We are very happy to join the ARRI family. Both companies have a leading position in their field, thanks to a deep knowledge of the market, the power of innovation and customer understanding. We both share a rich heritage 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 realize our vision – to create the best lighting equipment, services and offer world-class reference products to an even wider customer base,” said Marcus Graser, Managing Director of Clay Little.
With this agreement, ams OSRAM implements the last of the sales that the company had communicated to follow after the acquisition of OSRAM. ams OSRAM will continue to focus on its high-tech semiconductor business and its automotive and specialty lamps business, and the announcement represents a further milestone in the implementation of ams OSRAM’s strategy to focus on key technology areas in lighting, visualization and sensitivity and to remove businesses that are not essential 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.
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ams-OSRAM AG ams-OSRAM AG
Amy Flécher Moritz M. Gmeiner
Vice President of Corporate Communications, Head of Investor Relations
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About ams OSRAM
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 deliver global industrial capacity in sensor and light technologies. We create exciting innovations that enable our customers in the automotive, consumer, healthcare and industrial sectors to maintain their competitive edge and drive innovation that significantly improves the quality of life in terms of health, safety and comfort, while reducing environmental impact.
Our approximately 22,000 employees worldwide focus on innovating through sensing, lighting and visualization to make travel safer, medical diagnosis more accurate and everyday moments in communication a richer experience. Our work creates technology for new applications, which is reflected in over 15,000 patents granted and applied for. Headquartered in Premstaetten/Graz (Austria) with a headquarters in Munich (Germany), the group reached over €5 billion in revenue in 2021 and is listed as ams-OSRAM AG on the SIX Swiss stock exchange (ISIN: AT0000A18XM4).
Learn more about us at https://ams-osram.com
ams is a registered trademark of ams-OSRAM AG. In addition, many of our products and services are registered or registered trademarks of ams OSRAM Group. All other company or product names mentioned herein may be trademarks or registered trademarks of their respective owners.
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20.12.2022 CET/CEST This corporate news was distributed by EQS Group AG. www.eqs.com