March 4, 2026
ams OSRAM Closes Sale of Specialty Lamp Business to Ushio
Another piece of ams OSRAM’s legacy lighting portfolio is officially off the books
On March 2, 2026, ams OSRAM completed the sale of its Entertainment and Industry Lamps business to Japan-based Ushio Inc., closing a transaction first announced in July 2025. The deal value was confirmed at €114 million ($133 million USD) on a cash and debt free basis, bringing an end to ams OSRAM’s ownership of a specialty lamp portfolio that spans entertainment, industrial, and semiconductor applications.
The divestiture includes production facilities in Berlin, roughly 500 employees, as well as the research and development capabilities and intellectual property tied to the product lines.
For ams OSRAM, the move is less about reshuffling product lines and more about financial strategy. The company has spent the past several years unwinding portions of its traditional lighting portfolio while redirecting resources toward semiconductor technologies, sensing platforms, and what it broadly calls “digital photonics.” Completing the Ushio transaction marks another step in that shift.
“The successful completion of the sale…represents another important milestone,” CEO Aldo Kamper said in a statement, describing the transaction as part of the company’s broader balance sheet deleveraging strategy.
That strategy, announced in April 2025, aims to reduce debt and bring the company’s leverage ratio below two times net debt to adjusted EBITDA. Divestments such as the Ushio deal are one of the primary tools being used to reach that target.
For Ushio, the acquisition lands squarely inside its core business. The Tokyo-based optical technology company has long specialized in high-performance light sources used in semiconductor processing, industrial manufacturing, and medical systems. Folding in the OSRAM entertainment and industrial lamp portfolio expands that footprint while adding a European production base through the Berlin operation.
This deal is simply the latest example of that slow, steady reshaping of the lighting landscape.
