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    Jenoptik Acquires TRIOPTICS

    Article obtained from Photonics RSS Feed.

    Jenoptik AG has announced the acquisition of 100% of the shares in TRIOPTICS GmbH. Both parties to the contract have agreed not to disclose details of the purchasing price.

    The transaction will be made in two steps. First, Jenoptik will take over 75% of shares, and then it will take over the remaining shares after fulfilling defined success criteria by the end of 2021. The company plans to strengthen the technologically leading position of Jenoptik’s Light and Optics division. Depending on the date of first-time consolidation and without taking PPA effects into account, the company said, the transaction will have a positive impact on Jenoptik’s business development in 2020. The outlook for the current year, provided in…

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    Jul, 02 2020 |

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