Company Acquisition
In Denmark, Foss A/S of Hillerød
has become the main shareholder in Ibsen Photonics A/S of Farum through the purchase
of an additional 73 percent of shares from existing shareholders. Foss now owns
about 85 percent of Ibsen, and the investment reflects a growing partnership over
the past few years between the two companies. Privately owned Ibsen makes holographic,
fused-silica transmission gratings and spectrometer modules for telecom, analytical,
sensing and laser applications. Family-owned Foss uses Ibsen products in its analytical
instruments and, by becoming the main shareholder, the company said, ensures the
continued supply of high-quality spectrometers.
/Buyers_Guide/FOSS/c16773