Trumpf Takes Over SPI Lasers
Machine tool and laser manufacturer Trumpf has announced it has assumed control of British company SPI Lasers effective 7 October 2008. The bid submitted by Trumpf became effective after shareholders of SPI Lasers approved the sale of more than 90 % of the company’s shares to Trumpf. SPI Lasers is one of the leading manufacturers of fibre lasers. The company has a broad product range which will complement Trumpf’s product portfolio. Its worldwide distribution network numerous patents as well as its fibre laser manufacturing expertise all speak well of SPI Lasers.
The acquisition offers SPI Lasers and Trumpf the opportunity to enjoy excellent market growth in the field of fibre lasers in the future. Trumpf intends to maintain and expand the merchant laser sales channel established by SPI Lasers. It is expected that other OEM products will be marketed through this channel over time.
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