Jenoptik Acquires Five Lakes Automation
Jenoptik AG, Jena, Germany, has acquired 100 % of the US company Five Lakes Automation (FLA), Novi, Michigan. The company is specialized in process automation for the automotive industry. In combination with its laser machine business the acquisition enables Jenoptik to tap growth potential within the US market.
FLA was founded in 2013 and is a full-service turnkey provider of complex automated manufacturing solutions. The company plans and designs automated production lines and integrates them in the customer’s environment including all production systems. FLA has specific expertise in the joining of complex metal components, especially welding systems, and is headquartered close to the new technology campus in Rochester Hills, the US location of Jenoptik Automotive. Customers include leading US car manufacturers and automotive suppliers.
While Jenoptik is specialized in efficient, precise and safe 3D laser processing, FLA contributes comprehensive experience in the handling of devices and the integration of individual production systems into automated process lines. “The acquisition allows us to win new know-how around automated production and new customers because not only can we offer stand-alone machines now but complete process solutions from a single source,” stated Stefan Traeger, President & CEO of Jenoptik AG.
FLA benefits from the worldwide presence and the financial strength of the Jenoptik Group. “We are glad to have found a strong partner in Jenoptik that does not only complement our process know-how and specialization productwise but which will also allow us to open up new markets and industries,” added President of FLA Keith LaPointe, who is also one of the founders of FLA. He will merge the competencies of Jenoptik’s laser machine business and the process know-how of his company and will be responsible for the Laser Processing business unit of Jenoptik in North America in future.
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