Search Menu
Photonics Media Photonics Buyers' Guide Photonics EDU Photonics Spectra BioPhotonics EuroPhotonics Industrial Photonics Photonics Showcase Photonics ProdSpec Photonics Handbook
More News
Email Facebook Twitter Google+ LinkedIn Comments

Qioptic Group to Acquire Linos AG

Photonics Spectra
Sep 2006
The Qioptic Group, a supplier of optical components and modules for military and commercial applications, intends to launch a public takeover to acquire the outstanding shares of Linos AG, a manufacturer of optical systems that is based in Göttingen, Germany. The price offered will be €16.00 per share, equating to an approximately 44 percent premium on the three-month weighted average of €11.10. The takeover offer will be subject to a minimum acceptance rate of 75 percent of Linos’s capital stock.

With core operations in the UK and Singapore, Qioptic is an investee company of funds managed by Candover, a private equity company in Europe. The acquisition will be performed by Candover via Optco Akquisitions GmbH, a company established specifically for the acquisition. The takeover is expected to be completed in the fourth quarter, provided antitrust approval is received.

Businesscommercial applicationsdefenselight speedoptical componentsoptical systemsoptics

Terms & Conditions Privacy Policy About Us Contact Us
back to top

Facebook Twitter Instagram LinkedIn YouTube RSS
©2018 Photonics Media, 100 West St., Pittsfield, MA, 01201 USA,
x Subscribe to Photonics Spectra magazine - FREE!