CGS UPDATE – the CGS Journal
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Strategic Growth
Jonas Bumbacher, Associate
Photonics Systems Group is gaining momentum. The group, whose platform company is InnoLas Solutions, has bolstered its business strategically by acquiring LS Laser Systems. This move represents a next step on the way to becoming a globally leading micro-material processing laser machine manufacturer. LS Laser Systems’s products complement the group’s technology portfolio perfectly, creating potential for growth and synergies in the electronics business and bringing the group closer to customers. The acquisition also creates an ideal succession solution for LS Laser Systems’s current owners.
LS Laser Systems has an excellent reputation worldwide as a reliable and highly productive partner for laser technology with top quality standards. The company has set new benchmarks over the past 25 years, above all in the development and production of active and passive laser trimming systems. The laser trimming process entails targeted alterations of the operating parameters of an electronic circuit through laser cutting. It is used in electronics and particularly in automobiles for all kinds of circuits and sensors such as automatic toll systems, parking sensors, and measurements of how full tanks are.
Extended product range
This special micro-material processing technology perfectly complements Photonics Systems Group's product portfolio. The group’s CEO Markus Nicht is convinced that this is the right move for the future: “The lasertrimming 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 potential for growth and synergies in its electronics business. With its extended product range and strengthened global sales and service network, the group can offer its worldwide customer base a broader spectrum of solutions. CGS is seeking above-average growth in the coming years for both LS Laser Systems and the entire group. Alongside organic growth, Photonics Systems Group is planning to gain access to new end markets through further add-on acquisitions.
Photonics Systems Group is also set to move closer together geographically. LS Laser Systems will move to a new site near the group in fall 2019, facilitating communication and coordination throughout the entire enterprise.
Ideal succession solution
The current owners want to withdraw from the company by the end of its transition. With this sale, they are securing the future of their business, including its employees and established brand. To ensure continuity, they will retain their operational roles in the company in the medium term before withdrawing on account of their age.
Laser trimming – promising new technology in the portfolio of Photonics Systems Group.
Photonics Systems Group 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 renowned, globally active customers in the core markets Europe, the US, and Asia. The group has about 100 employees working at its group headquarters in Krailling, Germany, as well as in the US and at several sites in Asia
