Augmenting its photonics focus, Jenoptik makes new acquisitions
Photonics products maker Jenoptik (Jena, Germany) is set to acquire from Berliner Glas (Berlin, Germany) two companies: BG Medical Applications (Berliner Glas Medical), a supplier of high-precision, custom optical components for the medical technology sector, and SwissOptic (Heerbrugg, Switzerland), a specialist in the development and manufacture of optical components and assemblies, primarily for the medical technology, semiconductor, and metrology industries.
Berliner Glas Medical and SwissOptic currently employ around 500 people worldwide. The management will continue to act in its current function for Berliner Glas Medical and SwissOptic under the umbrella of the Jenoptik Group.
In the medical technology sector, Jenoptik will acquire Berliner Glas Medical’s complementary product portfolio in the fields of dentistry (intraoral scanners) and robotic surgery, while at the same time strengthening its ophthalmology and life sciences business through the activities of SwissOptic. The acquisition will enable Jenoptik to approximately double the size of its medical technology business in this end market.
SwissOptic’s semiconductor business will further complement Jenoptik’s product portfolio, and will enable Jenoptik to offer existing and new customers a wider range of solutions. Moreover, Jenoptik will deepen its existing, longstanding business relationship with ASML, one of the key players in the semiconductor industry, as a reliable supplier and strategic partner.
The transaction is expected to close in December 2021.