Star Capital to acquire VINCORION from Jenoptik.

Star Capital, a private equity firm, agreed to acquire VINCORION, a mechatronic solutions and products provider, from Jenoptik, a technology group. Financial terms were not disclosed. “The sale of VINCORION is a further milestone in transforming Jenoptik into a focused and globally leading photonics company. I am convinced that the transaction will have a positive impact on the Group’s earnings position, risk profile, and financing power. It will also enable ESG-oriented investors to invest in Jenoptik. In addition, we are convinced that with STAR we have found the right owner to realize the potential we see for VINCORION. In addition, it was important to us that STAR was willing to grant location guarantees,” Stefan Traeger, JENOPTIK President and CEO.