Search Menu
Photonics Media Photonics Marketplace Photonics Spectra BioPhotonics Vision Spectra Photonics Showcase Photonics ProdSpec Photonics Handbook

Jenoptik Acquires Prodomax Automation, Anticipates Sales Boost

Facebook Twitter LinkedIn Email
Jenoptik has agreed to acquire 100 percent of Canadian company Prodomax Automation for a consideration of slightly below double its expected sales. The contract has now been signed and completion is expected by the end of July.

Prodomax, founded in 1971 and headquartered in Barrie, Ontario, employs about 180 staff and specializes in process automation for the automotive industry. With this acquisition, Jenoptik says it is strengthening its position as a full-service turnkey provider of complex automated manufacturing solutions.

Jenoptik started along this path with the acquisition of Five Lakes Automation (FLA) in 2017. Like FLA, Prodomax will become a part of Jenoptik Group’s global laser processing business.

With the acquisition, Jenoptik plans to tap into new areas of application for its 3D laser machines.

Photonics Spectra
Oct 2018
BusinessAmericasacquisitionslasersJenoptikProdomax Automationlight speed

back to top
Facebook Twitter Instagram LinkedIn YouTube RSS
©2023 Photonics Media, 100 West St., Pittsfield, MA, 01201 USA, [email protected]

Photonics Media, Laurin Publishing
x Subscribe to Photonics Spectra magazine - FREE!
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.