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New Deal


Announced

Signify to acquire Fluence from OSRAM for $272m.

Financials

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Transaction Value£205m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales1.9x
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Cross Border

Austria

Pending

lighting systems

Majority

Building Materials: Other

Single Bidder

Private

Friendly

Acquisition

Synopsis

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Signify, a Dutch multinational lighting corporation, agreed to acquire Fluence, a horticulture lighting systems business and brand, from OSRAM, a provider of optical solutions, for $272m. "Since Fluence’s founding, it has been our sole mission to improve the interaction between light and life to yield a healthier and more sustainable world. Adding our lighting solutions to Signify’s strong portfolio empowers our combined businesses to deliver the world’s most advanced horticulture technology to cultivators on a global scale. The combination of our companies will immediately expand our collective footprints and inject valuable expertise into both companies’ product innovations. We look forward to uniting with the Signify team," David Cohen, Fluence CEO.

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