NEWS
LASERS IN ACTION TRUMPF ACQUIRES ‘PRESTIGIOUS’ CHINESE TOOL MAKER
www.lasersystemseurope.com @lasersystemsmag
In brief
The Laboratory for Machine Tools and Production Engineering (WZL) at RWTH Aachen University has installed a Reis Robotics laser welding system for development of batteries for electro-mobility.
Arbeitskreis Lasertechnik e.V. and the European Laser Institute ELI have opened calls for proposals for the Innovation Award Laser Technology. The €10,000 award is a European research and technology prize given in recognition of innovative work in the field of laser technology. The closing date for applications is 17 January 2014.
NTE Vacuum Technology in the UK has delivered a £300,000 contract for the CETAL Petawatt laser facility in Romania, a hugely advanced set-up that is expected to lead to major scientific breakthroughs with applications in oncology, X-ray and gamma-ray imaging.
JFY manufactures punching and bending machines, as well as laser cutting systems
Trumpf has acquired a majority stake of 72 per cent in the Chinese machine tool producer Jiangsu Jinfangyuan CNC Machine Company (JFY). JFY, based 300km west of Shanghai in Yangzhou,
manufactures machine tools for sheet metal processing including for the laser cutting machine sector. In 2012, with almost 700 employees, JFY generated sales of approximately €70 million. ‘Acquisition of this prestigious Chinese
company is strengthening our presence in the world’s most important mechanical engineering market,’ said Trumpf president Nicola Leibinger-Kammüller. ‘It is very unusual that a direct investment like this has been made possible for us, as a medium-sized company – and especially in mechanical engineering, which the Chinese government has classified as a key sector.’ The news comes as optoelectronics company
While no financial details were disclosed of the deal,
this prestigious Chinese company is strengthening our presence
Excelitas Technologies announced it had completed its acquisition of photonic company Qioptiq. The company was acquired from Arle Capital Partners, a London- based private equity firm, for an undisclosed sum. The companies will serve a market opportunity of more than $4 billion and have around 5,000 employees.
4 LASER SYSTEMS EUROPE ISSUE 21 • WINTER 2013 Acquisition of
Candover Investments said the sale is expected to generate estimated cash proceeds of €9.5 million, together with carried interest of €5.5 million. This is in line with the valuation of Candover’s investment in Qioptiq at 30 June 2013. Qioptiq is a manufacturer of high precision optical components, modules and solutions for commercial, aerospace and defence sectors. It was formed in 2005 when it was acquired from Thales by Candover Partners. It has been managed by Arle Capital Partners since 2010. The business has grown from a
network of seven international companies, including Linos, Pilkington and Point Source, among others, into a global specialist in the photonics sector.
The company operates from 10 different locations in Germany, UK, Singapore, US and Hungary. David Marks, CEO of Qioptiq, said: ‘Since the
formation of Qioptiq in 2005, the company has developed into a strong player in the photonics industry, through organic growth and strategic acquisitions. The strength of the new, combined entity will benefit our customers and create opportunities for our employees.’
@lasersystemsmag |
www.lasersystemseurope.com
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36