Eurazeo acquires optoelectronic component supplier 3S Photonics

Paris, France--French investment company Eurazeo has acquired optoelectronic component manufacturer 3S Photonics. Under the terms of the acquisition, Eurazeo will be investing in a capital increase of 10 million euros to finance 3S Photonics' growth, yielding a total equity investment of 37 million euros. Following the equity increase, Eurazeo will hold close to 83% of 3S Photonics' capital.

Eurazeo will help 3S Photonics consolidate its position in its traditional telecom markets and broaden its presence in the industrial laser market, which includes industrial fiber lasers. It will be supporting the company's external growth policy, including through future reinvestment.

3S Photonics generated revenues of 51 million euros in FY 2011 (ended June 30, 2011) and employs approximately 400 people.

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