Carlsquare advised laser manufacturer Photon Energy on its sale to Hitachi Industrial Equipment Systems
Hitachi Industrial Equipment Systems Co. announced that it has acquired 100% of the shares in Photon Energy GmbH from the three founding shareholders and Bayerische Beteiligungsgesellschaft mbH.
For more than 40 years, Hitachi Industrial Equipment Systems has successfully developed its coding and marking business with continuous inkjet printing technology, to serve a variety of product identification needs in food & beverage, cosmetics, pharmaceutical, electronic and automotive parts industries in well over 110 countries worldwide.
Increasing demand for precise, indelible coding and environmentally friendly products expands the business opportunities for a wider range of coding technology in particular laser markers.
Photon Energy, since its foundation in 2010, has established its reputation as technology leader in the development, research and sales of ultra short pulse (USP) laser, sources and marking systems. Their strengths are in the fields of medical devices, electronics and semiconductor industries primarily in Europe but with plans to further expand its sales in Asia and North America.
Hitachi Industrial Equipment Systems’ goal in this acquisition is to add Photon Energy’s innovative core laser technology and application know-how to its industrial equipment portfolio. By doing so, Hitachi will strengthen its competitiveness in the coding and marking field by merging its strengths with Photon Energy’s superior laser technology expertise.
Yasuhiro Takeuchi, President and Director at Hitachi Industrial Equipment Systems, said: “I am very pleased to announce that Hitachi has acquired Photon Energy. Photon Energy’s excellent technologies will help Hitachi to gain access to wider segments and accelerate growth in the coding and marking business in global market.”
Dr Hans Amler, CEO of Photon Energy GmbH, said: “We are very excited to challenge further growth of our business in the global market as a member of the Hitachi family.”
Carlsquare acted as the exclusive financial advisor to Photon Energy GmbH and supported the management and shareholders in identifying the ideal partner during a structured global screening process, including marketing materials preparation, due diligence process coordination, and transaction negotiations.