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Jenoptik Completes Acquisition of TRIOPTICS

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JENA, Germany, Sept. 25, 2020 — Jenoptik has completed its acquisition of the first tranche of 75% of shares in the Hamburg-based TRIOPTICS, which had been anticipated for the third quarter. Jenoptik will acquire the remaining 25% of shares from the owners on Dec. 31, 2021. Further details regarding the financial impact of the acquisition will be announced with the reporting of 2020’s annual results in March 2021.
Sep 2020
Businessacquisitionsmergers & acquisitionsJenoptikJenoptik AGTriopticsTrioptics GmbHSharesstock sharesbuyout

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