Halma Acquires Avo Photonics
Safety, health and sensor technology
group Halma of Amersham, UK, has acquired Avo Photonics Inc. of Horsham, Pa., from
Blaine Hobson, Whitecap Partners, and other shareholders and employees for an initial
cash consideration of $9 million. Avo designs and manufactures miniaturized photonic
components and subsystems for OEM customers in the military, aerospace, medical,
communications and industrial markets. It joins Halma’s photonics businesses
(Fiberguide Industries, Labsphere, Ocean Optics and Ocean Thin Films) in the health
and analysis sector. The acquisition is expected to give the businesses access to
more advanced technologies and manufacturing processes.
/Buyers_Guide/Avo_Photonics_Inc/c1360
Published: September 2011
accretiveacquiredacquisitionsaerospaceAmericasanalysisAndrew WilliamsAvoAvo PhotonicsBlaine HobsonBusinessCommunicationsdefenseEuropeFiberguide IndustriesHalmahealthImagingindustrialLabspherelight speedmedicalOcean OpticsOcean Thin FilmsphotonicPhotonic Component Mfg. Equip.Photonics Component Mfg. Equip.Sensors & DetectorsshareholderstransactionWhitecap Partners