# ams OSRAM closes sale of AMLS business to Plastic Omnium

ams OSRAM completed the sale of its Automotive Lighting Systems (AMLS) business to Plastic Omnium. The deal closed on July 1, 2022.

- Type: Acquisition
- Announced: 2022-07-01
- Where: Germany
- Value: $295.0M (290.0M EUR)
- Status: completed
- Products: automotive lighting systems
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Hella Group](https://endata.com/companies/26970.md)
- [ams OSRAM](https://endata.com/companies/55614.md)
- [Plastic Omnium](https://endata.com/companies/1180.md) (acquirer)
- [Faurecia](https://endata.com/companies/1483.md) (partner)
- [Hella Group](https://endata.com/companies/26970.md) (target)
- [HBPO](https://endata.com/companies/30395.md) (target)
- [HBPO Beteiligungsgesellschaft](https://endata.com/companies/64486.md) (target)

## Sources

- [eqs-news.com](https://www.eqs-news.com/news/corporate/ams-osram-ag-ams-osram-announces-the-closing-of-the-sale-of-the-amls-business-to-plastic-omnium/ba499a72-5fcd-465a-9208-00086d214af2), 2022-07-01: "ams OSRAM announces the closing of the sale of the AMLS (Automotive Lighting Systems) business to Plastic Omnium."
- [business-news-today.com](https://business-news-today.com/hella-to-quit-hbpo-joint-venture-in-e290m-deal-with-plastic-omnium/), 2022-07-31: "The acquisition of the remaining 33.33% of HBPO will allow Plastic Omnium to implement its growth strategy by broadening the range of modules offered."
- [autonews.com](https://www.autonews.com/suppliers/plastic-omnium-buy-hellas-stake-front-end-module-venture/), 2022-08-01: "An Audi front-end module assembled by HBPO."
- [tyrepress.com](https://www.tyrepress.com/2022/08/hella-exits-joint-venture-agrees-sale-of-hbpo-shares-to-co-shareholder-plastic-omnium/), 2022-08-01: "Together with our partners, we have successfully positioned HBPO as one of the leading suppliers of highly integrated front-end modules."

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