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

CVI Acquiring Melles Griot
May 2007
ALBUQUERQUE, N.M., May 2, 2007 -- CVI Laser LLC, a maker of optical components and assemblies based in Albuquerque, announced today that it will acquire Melles Griot from Barloworld Scientific Ltd. Terms of the deal were not disclosed.

Melles Griot, a manufacturer of optical systems, lasers and other photonics devices, comprises three primary business groups. Its Laser Group and Photonics Components Group are located in Carlsbad, Calif., while the Optics Group has its headquarters in Rochester, N.Y. Melles Griot has been owned by industrial brand management company Barloworld Ltd. since 1988.

South Africa-based Barloworld announced in December that it was divesting itself of several businesses, including Melles Griot and a laboratory division, in an attempt to increase returns to shareholders. Melles Griot and Barloworld's laboratory business operate under the corporate title of Barloworld Scientific. Barloworld is also planning to sell its laboratory division separately from Melles Griot and said it expects that sale to be completed by the end of 2007.

Barloworld announced in March that negotiations for selling Melles Griot had reached an advanced stage (See "Barloworld: Melles Griot Sale Being Finalized"). 

Clive Thomson, CEO of Barloworld, said in the statement, "The sale of Melles Griot is another step towards our goal of transforming Barloworld into a focussed distribution business. We continue to make good progress on our announced strategic actions and steps to enhance shareholder returns."

CVI Laser said the acquisition combines the companies' optical and laser technology with worldwide manufacturing and distribution in Asia, Europe, and North America to supply optical components, lasers and optomechanical assemblies.

CVI CEO Stuart Schoenmann said in a statement, “We are extremely excited about the opportunities this acquisition creates for our customers, employees and shareholders. The Melles Griot acquisition is a significant component of CVI’s plan to expand our capabilities and manufacturing capacity to meet worldwide demand.

"CVI’s overall acquisition strategy is to expand product lines, to increase manufacturing capabilities, and to address growing market opportunities. The Melles Griot acquisition will enable CVI to meet customer demand for high volume laser and optical production along with complex optics and assemblies,” Schoenmann said. 

“Melles Griot is eager to become a strategic part of CVI,” said Blake Fennell, CEO of Melles Griot, in the same statement. “CVI has a strong worldwide brand, manufacturing, distribution network and access to capital. This is a great opportunity for the Melles Griot team to focus on photonic technologies within a company dedicated to the industry.”

The acquisition is expected to close in the next few weeks, CVI said. For more information, visit:

1. A constituent part. It may consist of two or more parts cemented together, or with near and approximately matching surfaces. 2. The projection of a vector on a certain coordinate axis or along a particular direction. 3. In a lens system, one or more elements treated as a unit. 4. An optical element within a system.
The technology of generating and harnessing light and other forms of radiant energy whose quantum unit is the photon. The science includes light emission, transmission, deflection, amplification and detection by optical components and instruments, lasers and other light sources, fiber optics, electro-optical instrumentation, related hardware and electronics, and sophisticated systems. The range of applications of photonics extends from energy generation to detection to communications and...
acquisitionBarloworld ScientificBiophotonicscomponentCVICVI LaserdealdivestEmploymentFennellindustrialMelles GriotNews & Featuresoptical componentsoptomechanicalphotonicsSchoenmannThomsonlasers

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,

Photonics Media, Laurin Publishing
x We deliver – right to your inbox. Subscribe FREE to our newsletters.
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.