The Photonics Systems Group, which develops laser systems for micromaterials processing, will merge two group companies, LS Laser Systems and EPP Electronic Production Partners (all in Krailling, Germany). The laser trimming specialists will collectively operate under the name L-TRIS. Markus Nicht will continue in his current role as CEO of the Photonics Systems Group.
The former standalone companies have more than 25 years of combined expertise in laser technology, specializing in laser trimming systems for the electronics and semiconductor markets. EPP Electronic Production Partners joined the Photonics Systems Group in November 2019, following the earlier acquisition of LS Laser Systems in January 2019. The aim of merger is to boost synergies in process development, service, and distribution going forward.
EPP Electronic Production Partners had previously operated exclusively as a distributor prior to the merger. Now, under the new L-TRIS corporate brand, it will also carry out development and production. In addition to this, the merged company will increase its focus on the new capabilities unlocked by pooling expertise, on making more efficient use of existing infrastructures and resources, and on adding greater value. It will continue to focus on the development of customized laser solutions for industrial customers in the high-tech sector.
LS Laser Systems and EPP Electronic Production Partners have primarily operated in Europe, so the goal for the new brand to is gain a name for itself outside of Europe and establish a presence in both Asia and the U.S.
As the final step in the consolidation process, all Group companies will be moving to a newly built facility they will share on Pionierstrasse 7 in Krailling in the autumn of 2021.
Source: Photonics Systems Group press release – December 16, 2020