Acuity Brands to acquire ams OSRAM Digital Systems in North America.

ams OSRAM announces the sale of the North America-Based Digital System (DS)
business, which primarily manufactures lighting control systems, electronics and
drivers, to long-time customer and partner Acuity Brands. A leading U.S. industrial
technology company, Acuity Brands is acquiring the Digital Systems business in
the US, Canada and Mexico, which currently have about 1100 employees.

Acuity Brands and DS have a long history of working together, spanning decades.
This close relationship and mutual understanding of each other’s business is expected
to enable a rapid integration. The company will take over the DS business
in the USA, Canada and Mexico, including the production facility in Monterrey,
Mexico. The transaction is expected to close during the summer of 2021. The parties
have agreed not to disclose financial details.

04 Jun