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Heraeus Noblelight Purchases Fusion UV Systems

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HANAU, Germany, Feb. 4, 2013 — Heraeus Noblelight, a unit of Heraeus Holding GmbH, completed the acquisition of Fusion UV Systems Inc. on Jan. 31. The purchase comes about a month and a half after Spectris plc signed an agreement to sell the Gaithersburg, Md., UV light source business group to Heraeus Noblelight for $172 million. (See: Heraeus Noblelight Group Acquires Fusion UV) Under the transaction, Fusion UV Systems will operate under the Heraeus technology group umbrella, with the two companies integrating into a single business unit over the coming months, David Harbourne, president of Fusion UV Systems,...Read full article

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    Published: February 2013
    AmericasBusinesscompany acquisitionDavid HarbourneenergyEuropeFusion UV SystemsGermanyHeraeus HoldingHeraeus NoblelightLight SourcesMarylandUVUV business group

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