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Company Acquisition

Photonics Spectra
Dec 2010
Industrial laser maker Rofin-Sinar Technologies Inc. has acquired Lasag AG of Thun, Switzerland, from The Swatch Group Ltd. of Biel/Bienne, Switzerland, for an undisclosed amount of cash. Lasag manufactures industrial Nd:YAG lasers for materials processing. Lasag’s locations in Thun and Chicago will be maintained, said Rofin-Sinar, which is based in Hamburg, Germany, and manages its US operations from Plymouth, Mich. Further terms of the transaction, which is subject to customary closing conditions, were not disclosed.

acquisitionBusinessindustrialindustrial laser makerindustrial lasersLasag AGlight speedmaterials processingNd:YAG lasersRofin-SinarRofin-Sinar Technologies Inc.SwitzerlandThe Swatch Group Ltd.transactionlasers

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