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Jenoptik has acquired the remaining 33.42% of the shares in Jenoptik Japan Co. Ltd. from its joint venture partner Kantum Ushikata Mfg. Co. Ltd., transferring the joint venture to a wholly owned Jenoptik Group subsidiary. The two business partners have agreed not to disclose the purchase price of the shares.
Jenoptik Japan, based in Yokohama, has 10 employees and generates sales in the single-digit million euro range. The company was founded in 2005 as a joint venture between Kantum and Jenoptik and initially started as a sales company for diode lasers. Today the business of Jenoptik Japan comprises photonic components, systems, and machines from Jenoptik — in addition to diode lasers, laser systems, optics, and industrial…READ MORE