OSRAM to acquire Ring Automotive from Rubicon Partners.

Ring Automotive has agreed the sale of its operations to OSRAM, a global lighting manufacturer. Ring Automotive is a highly regarded brand in the specialist areas of Lighting, Inspection and Power Management for passenger and light commercial vehicles. Financial terms were not disclosed. George Skalski, Managing Director of Ring Automotive said, “We look forward to working alongside OSRAM and believe that the transaction is very positive news for all of our colleagues and customers. The acquisition secures continued investment in the business, which will support our future growth plans and our leading-edge product innovation.”