Ams OSRAM sells its entertainment lighting business Clay Paky to ARRI AG

OSRAM announced that it has reached a definitive agreement to sell its Clay Paky entertainment lighting business to Germany-based Arri Group. The transaction is subject to customary closing conditions.

Founded in 1976 and acquired by Osram in 2014, Clay Paky, headquartered in Seriate, Italy, is recognized as the world’s leading supplier and global reference brand in the professional high-end entertainment lighting market.

Clay Paky strengthens its technology leadership with LED and laser-based product portfolio expansion and offers award-winning products for mobile body and mobile mirror projectors, color changers, follow spots, projectors and various lighting effects combination. Clay Paky is the leading partner of the world’s most famous entertainers, global events and theaters.

ARRI AG, headquartered in Munich, Germany, is a leading designer and manufacturer of camera and lighting systems as well as system solutions for the film, broadcast and media industries, with a worldwide distribution and service network.

“The acquisition of Clay Paky is a strategic long-term investment in our lighting business,” said Dr. Matthias Erb, CEO of ARRI. “Clay Paky has a strong reputation in the entertainment lighting market, while ARRI is recognized as a leading manufacturer in film and broadcast lighting.”

“ARRI AG is the ideal new home for the Clay Paky team in the Seriate and around the world,” added Dr. Wilhelm Nehring, Executive Vice President Digital Business Unit OSRAM at ams. “ARRI’s global footprint, strong technical record and market understanding will provide Clay Paky and its clients with an attractive long-term prospect.”

According to the agreement, ams OSRAM implements the final divestiture Following the acquisition of Osram, the company has communicated its goals to pursue. ams OSRAM will continue to focus on its high-tech semiconductor business and its automotive and specialty lamps businesses. This announcement represents another milestone in the implementation of ams OSRAM’s strategy of focusing on core technology areas such as lighting, visualization and sensing and divesting businesses. This is not a corporate strategy Core.