FilingReader Intelligence
San'an Optoelectronics to acquire Lumileds for $239m
August 4, 2025 at 07:03 AM UTC•By FilingReader AI
San'an Optoelectronics will acquire 100% of Lumileds Holding B.V. for $239 million, partnering with Inari Amertron Berhad. San'an will indirectly hold 74.5% equity through a newly established Hong Kong SPV.
Lumileds was previously owned by Apollo Global Management before a 2022 restructuring. The company has been experiencing operational losses due to high production costs and underinvestment from current shareholders.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
Primary Source Document
Supplementary Source Documents
Supplementary announcement by Sanan Optoelectronics Co., Ltd. regarding the acquisition of 100% equity in Lumileds Holding B.V. jointly with overseas investors and related outward investmentAugust 3, 2025 at 08:00 AM UTC
Announcement on the progress of Sanan Optoelectronics Co., Ltd. providing guarantees for its wholly-owned subsidiariesJuly 30, 2025 at 08:00 AM UTC
San'an Optoelectronics Co., Ltd. 2024 sustainability reportAugust 1, 2025 at 08:00 AM UTC
Announcement of resolutions from the 20th meeting of the 11th board of directors of Sanan Optoelectronics Co., Ltd.August 1, 2025 at 08:00 AM UTC
San'an Optoelectronics Co., Ltd. notice on convening the first extraordinary general meeting of shareholders in 2025August 1, 2025 at 08:00 AM UTC
SSE:600703•Shanghai Stock Exchange
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