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San’an and Inari to acquire Lumileds

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Transaction expected to close by the first quarter of 2026

San’an Optoelectronics, a Chinese LED firm, and Inari Amertron Berhad, a Malaysian semiconductor assembly and test outsourcing company, have agreed to acquire the LED company Lumileds Holding BV and its European and Asian subsidiaries.

“This transaction is the next step of our ongoing transformation. As the LED industry evolves and continues to mature, I am confident that Lumileds International will continue to be successful and accelerate its growth under the new ownership,” said Steve Barlow, CEO of Lumileds International.

The transaction is expected to close by the first quarter of 2026, subject to customary closing conditions.

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