# ams OSRAM sells AMLS business to Plastic Omnium for €65 million

ams OSRAM agreed to sell its Automotive Lighting Systems GmbH (AMLS) business to Plastic Omnium for €65 million. The transaction is part of ams OSRAM's strategy to focus on core technologies.

- Type: Acquisition
- Announced: 2022-03-28
- Where: Munich, Germany
- Value: $71.5M (65.0M EUR)
- Status: announced
- Products: automotive lighting systems
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [ams OSRAM](https://endata.com/companies/55614.md)
- [Plastic Omnium](https://endata.com/companies/1180.md) (acquirer)
- [Automotive Lighting Systems GmbH](https://endata.com/companies/61926.md) (target)

## Sources

- [inkworldmagazine.com](https://www.inkworldmagazine.com/breaking-news/ams-osram-signs-agreement-to-sell-the-amls-business-to-plastic-omnium/), 2022-03-28: "ams OSRAM announced the agreement to sell the independent and dedicated AMLS business to Plastic Omnium for a purchase price of €65 million."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.