Photonics Systems Group acquires LS Laser Systems
Munich (DE)/Krailling (DE), January 28, 2019
Photonics Systems Group is taking the next step on its way to becoming a globally leading manufacturer of laser machines for micro-material processing. With its expertise in laser trimming, LS Laser Systems will complement the group’s technology portfolio perfectly, create growth potential and synergies in the electronics business, and bring the group closer to customers. At the same time, the takeover is an ideal succession solution for the current owners of LS Laser Systems, who want to withdraw from the company in the medium term.
LS Laser Systems has an excellent reputation with customers worldwide as a reliable and highly productive partner for laser technology with top quality standards. The company has set new benchmarks, above all in the development and production of active and passive laser trimming systems. This special micro-material processing technology perfectly complements Photonics Systems Group’s product range. The group’s CEO Markus Nicht is convinced that this is the right move for the future: “The laser-trimming process will continue to gain importance. LS Laser Systems has an outstanding reputation in the market, making it well-positioned to benefit from this potential.”
Growth and international expansion
Acquiring LS Laser Systems allows Photonics Systems Group to create synergies and new opportunities for growth in the electronics business. With the expanded product portfolio, it will be able to offer a broader range of solutions to its global customer base. The group will also strengthen its worldwide distribution and service network. The owners are seeking above-average growth in the coming years for LS Laser Systems as well as the entire group. Alongside organic growth, Photonics Systems Group is planning to gain access to new end markets through further add-on acquisitions.
Ideal succession solution
In selling LS Laser Systems, current owners Maximilian Zöpfl, Werner Senser, and Alfons Bimsner are securing the future of their company, including its employees and established brand. “LS Laser Systems will be able to serve its global customer base even better as part of Photonics Systems Group. The greater production capacity will allow us to meet the growing demand for our products,” explains Maximilian Zöpfl. The three former owners will retain their operative roles in the company in the medium term so as to ensure continuity before withdrawing on account of their age.
About LS Laser Systems GmbH
LS Laser Systems is a medium-sized Bavarian company based in Munich, Germany, that operates internationally and has over 25 years of experience in laser technology. Its core business focuses on developing, producing, distributing, and servicing active and passive laser trimming systems as well as other micro-processing systems. The company has gained an excellent reputation over the course of two and a half decades as a reliable and highly productive partner.
About Photonics Systems Group
Photonics Systems Group’s core company InnoLas Solutions GmbH is a leader in laser processing of micro-materials. The group designs and produces customized machines and processing systems for high-precision laser applications in the photovoltaic, electronics, and semiconductor industry alongside precision engineering. It supplies renown, globally active customers in the core markets Europe, the US, and Asia. The group has over 80 employees working at its group headquarters in Krailling, Germany, as well as in the US and at several sites in Asia.
About CGS Management AG
CGS is an independent, experienced industry partner based in Pfäffikon, Switzerland. CGS is specialized in building medium-sized companies into international groups and expanding their business. Since 1999, CGS funds have been investing in platform companies in Europe’s German-speaking countries and making add-on acquisitions worldwide. CGS acquired the majority stake in InnoLas Solutions in May 2018 with the aim of building a leading industrial laser technology group under the name of Photonics Systems Group.