Salvo Technologies buys Spectrecology S


pectrecology, a distributor of spectrometers, imaging and sensing products, has been bought by holding


company Salvo Technologies. It follows Salvo Technologies’ successful


purchase in January of Arrow Thin Films, a manufacturer of high laser-damage threshold coatings, laser crystals and optics. Spectrecology owner Mike Morris was


the founder of Ocean Optics, where he developed the world’s first miniature fibre optic spectrometer. Today, the company offers a robust inventory of products, custom- built solutions and a new rental system to provide its clients with cost-efficient, high- performance sensing for all industries and applications.


The acquisition bolsters the manufacturing base of Salvo, adding complementary solutions for the educational and environmental markets, while allowing it to better serve its existing customer base. ‘This acquisition is exciting for many


reasons,’ said Hugh Garvey, Salvo Technologies’ director of imaging and sensing. ‘Spectrecology has a unique platform and deep customer knowledge base. Mike Morris and his team have been in the spectroscopy field for decades. ‘He invented the miniature spectrometer when he started Ocean Optics. To have someone on the team like that is super exciting. By leveraging his years of experience and network of customers, Salvo is taking a gigantic leap forward in the space!’ Morris added: ‘It is exciting to be connected


with an aggressive, dynamic group like the Salvo Technologies team. ‘The energy and excitement surrounding


the team, along with its extremely fast growth trajectory, are reminiscent of Ocean Optics in the early years. ‘In addition, having access to the company’s deep bench of photonics experts allows me to do what I love, which is to create exciting products that solve real-world problems.’


Photon detection firm Photek acquired by Tibidabo Scientific


Photek, a manufacturer of vacuum-based tubes and camera systems for photon detection, has been acquired by Tibidabo Scientific Industries, a supplier of technology for scientific research, aerospace and industrial markets. With more than


60 employees at its manufacturing and R&D facility in East Sussex, UK, Photek’s products include camera systems, image intensifiers, photomultiplier tubes, streak tubes along with


associated electronics. It supports specialist


applications in; physics (high energy, particle, nuclear), defence industries (threat warning), physical chemistry, bioluminescence, space science and biological inspection. More than 90 per cent of its sales are exported. ‘Photek has been a critical


partner to many of the world’s leading science-led businesses over decades,’ said Paul Murtagh, chairman and CEO at Tibidabo Scientific. ‘We are excited to


harness their unique expertise in many areas, including the design and manufacture of large area image intensifiers, ultra-fast photomultiplier tubes (PMTs), UV detectors and advanced photon counting camera systems.’ Gareth Jones, managing


director at Photek said: ‘We are looking forward to building on our great legacy and expanding Photek’s capabilities and geographic reach through a number of near and longer-term strategic capital and R&D initiatives.’


Union Park Capital puts ‘extensive experience’ into Z-Laser acquisition


Z-Laser has been acquired by Boston-based private equity firm Union Park Capital. The manufacturer of laser


sources and laser projectors will serve as the core and initial asset in Union Park’s new holding company Exaktera. Founded in 1985, Z-Laser


develops lasers for positioning and measurement systems. Its laser sources are used for positioning patients in MRI machines and CT scanners,


along with assuring precise alignment and measurement in wood, tyre, automotive and other industrial segments. ‘The Union Park Capital


team has extensive experience investing in family-owned European businesses, specifically in Germany,’ said Kurt-Michael Zimmermann, founder of Z-Laser. ‘As our relationship with Union Park developed, we realised our vision for the future could not


www.electrooptics.com | @electrooptics www.lasercomponents.co.uk


have been more aligned. Their strategy of keeping businesses operating autonomously and their willingness to allow us to continue to pursue our goals was very appealing.’ Zimmermann said the new


owners will keep the existing Z-Laser team in place, with Dr Hans Ebinger remaining CEO. ‘[It’s] great for our customers, my loyal employees, and brand reputation we’ve all worked so hard to build,’ he said.


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