Falorni Tech Glass Melting Technology
Banner
Filtraglass

Photonics Systems Group acquires LS Laser Systems

LS Laser Systems will be joining InnoLas Solutions as part of the Photonics Systems Group. The group is taking the next step to becoming a globally leading manufacturer of laser machines for micro-material processing.

Photonics Systems Group is taking the next step on its way to becoming a globally leading manufacturer of laser machines for micro-material processing. With its expertise in laser-trimming, LS Laser Systems will complement the group’s technology portfolio perfectly, create growth potential and synergies in the electronics business, and bring the group closer to customers. At the same time, the takeover is an ideal succession solution for the current owners of LS Laser Systems, who want to withdraw from the company in the medium term.

Acquiring LS Laser Systems allows Photonics Systems Group to create synergies and new opportunities for growth in the electronics business. With the expanded product portfolio, it will be able to offer a broader range of solutions to its global customer base. The group will also strengthen its worldwide distribution and service network. The owners are seeking above-average growth in the coming years for LS Laser Systems as well as the entire group. Alongside organic growth, Photonics Systems Group is planning to gain access to new end markets through further add-on acquisitions.

LS Laser Systems has an excellent reputation with customers worldwide as a reliable and highly productive partner for laser technology with top quality standards. The company has set new benchmarks, above all in the development and production of active and passive laser trimming systems. This special micro-material processing technology perfectly complements Photonics Systems Group’s product range. The group’s CEO Markus Nicht is convinced that this is the right move for the future: “The laser-trimming process will continue to gain importance. LS Laser Systems has an outstanding reputation in the market, making it well-positioned to benefit from this potential.”

www.innolas-solutions.com

Sign up for free to the glassOnline.com daily newsletter

Subscribe now to our daily newsletter for full coverage of everything you need to know about the world glass industry!

We don't send spam! Read our Privacy Policy for more information.

Share this article
Related news