OSRAM Licht AG ‘s Takeover Offer From Bain Capital And Carlyle Group LP


Hengeler Mueller advised Supervisory Board of Osram on takeover offer from Bain Capital and The Carlyle Group.

A bidding consortium composed of Bain Capital and The Carlyle Group, has presented to the Managing Board and Supervisory Board of OSRAM Licht AG a legally binding transaction offer for the public takeover of all the shares of Osram. Following a diligent process with the best interests for the company, the shareholders and other stakeholders in the center of consideration the Managing Board and Supervisory Board have decided to support this offer. Osram and the consortium have also concluded an investor agreement that includes comprehensive commitments. As part of the public takeover offer, shareholders are to be offered 35 euros per share in cash.

Bain Capital is a private investment firm based in Boston, Massachusetts. It specializes in private equity, venture capital, credit, public equity, impact investing, life sciences and real estate.

The Carlyle Group is an American multinational private equity, alternative asset management and financial services corporation. It specializes in corporate private equity, real assets, global credit, and investments.

Founded in 1919, OSRAM Licht AG is a multinational lighting manufacturer headquartered in Munich, Germany.

Hengeler Mueller advised the Supervisory Board of Osram on the takover offer. The team included partners Simon Patrick Link (Picture) and Jochen Vetter as well as associates Johannes Ahlswede and Hendrik Ley (all Corporate/M&A, Munich).

Involved fees earner: Johannes Ahlswede – Hengeler Mueller; Hendrik Ley – Hengeler Mueller; Simon Patrick Link – Hengeler Mueller; Jochen Vetter – Hengeler Mueller;

Law Firms: Hengeler Mueller;

Clients: Osram;