Freshfields advises ams OSRAM on the sale of its Digital Systems business in North America to Acuity

A team from Freshfields is advising ams OSRAM Group (“ams OSRAM”) on the sale of its North America-Based Digital System (DS) business to Acuity Brands, Inc. (NYSE: AYI) (“Acuity”). The transaction is expected to close during the summer of 2021.

ams OSRAM’s North America-based Digital System business is one of the largest LED lighting driver companies in North America and manufactures lighting components including LED drivers, LED light engines, electronic ballasts, and certain connected components.

Learn more about the transaction here.

The US Freshfields team was led by corporate partner Paul Humphreys and associates Wael Zwain and Joyce Yeo, with support from Stephen Wilkinson. Partner Mena Kaplan and special counsel Peter Jaffe led on IP matters. Partner Lori Goodman and associate Jordan Salzman led on compensation and benefits matters. Partner Claude Stansbury and counsel Dennis Caracristi led on tax matters. Partner Meghan Rissmiller and counsel Jan Rybnicek led on antitrust matters. German law advice was provided by partners Christoph Seibt, Julia Sellman and Philipp Dohnke, as well as associate Aljosha Barath.

ENDS