Compagnie Plastic Omnium SA (ENXTPA:POM) agreed to acquire ams OSRAM Automotive Lighting Systems GmbH from ams-OSRAM AG (SWX:AMS) for an enterprise value of €65 million on March 25, 2022. As per terms of the transaction the consideration will be paid in cash. AMLS business generated €148 million revenue in 2021.the transaction is subject to regulatory approval.

The closing of the transaction is expected in the third quarter 2022 subject to customary closing conditions. Linklaters LLP acted as legal advisor to Compagnie Plastic Omnium SA (ENXTPA:POM). Hans-Jörg Ziegenhain, Daniel Möritz, Simon Patrick Link, Matthias Scheifele, Markus Röhrig, Marius Marx and Anja Balitzki of Hengeler Mueller Partnerschaft von Rechtsanwälten mbB acted as legal advisor to ams-OSRAM AG.

Ansgar Rempp of Jones Day acted as legal advisor to Compagnie Plastic Omnium SE. Hengeler Mueller acted as legal advisor to ams OSRAM.