Search
Menu

IPG Photonics to Acquire cleanLASER

Facebook X LinkedIn Email
MARLBOROUGH, Mass., Oct. 29, 2024 — IPG Photonics has signed a definitive agreement to acquire Clean-Lasersysteme GmbH (cleanLASER), a developer of laser cleaning systems. The transaction is expected to close later this year.

Based in Herzogenrath, Germany, cleanLASER serves a broad range of customers across the automotive, industrial, aerospace, medical, and food markets, offering process-safe laser technology for the cleaning and processing of industrial surfaces. The company, founded in 1997, generates approximately $30 million in annual revenue.

“As a supplier to cleanLASER for nearly 25 years, we know this company well and believe our combined cleaning application know-how, complementary market exposure, and product and technology synergies will create value for customers,” said IPG CEO Mark Gitin.

The acquisition follows IPG’s divestment of its Russian subsidiary, IRE-Polus, which the company finalized last month.


Published: October 2024
BusinessacquisitionsLasersautomotiveindustrialaerospacemedicalBiophotonicsIPG PhotonicsClean-Lasersysteme GmbHAmericas

We use cookies to improve user experience and analyze our website traffic as stated in our Privacy Policy. By using this website, you agree to the use of cookies unless you have disabled them.