Jenoptik completes acquisition of Trioptics from PE firm
September 25, 2020
The listed technology group Jenoptik has completed the majority takeover of the optics company Trioptics GmbH, which was announced in July. 75 pct. of the shares were acquired from PE firm capiton, the listed Jenoptik AG announced. The remaining 25 pct. will be acquired at the end of 2021 if certain obligations are fulfilled. The North German Trioptics with 400 FTEs specializes in measurement and production systems for optical components and sensors. According to Jenoptik, it will generate sales of around EUR 80m in 2019. The parties have agreed not to disclose the purchase price.
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