Alpha Private and Peninsula Capital-backed Femto Technologies completed the acquisition of a 51% stake in Prima Industrie for $131m.

Alpha Private and Peninsula Capital-backed Femto Technologies, a provider of detection instruments, completed the acquisition of a 51% stake in Prima Industrie, a provider of laser systems for industrial applications and sheet metal processing, for $131m. Alpha and Peninsula think that taking the company private will give more flexibility in facing and managing those challenges. Leveraging on their global experience, they are ready to support the group and its management to foster and accelerate its growth trajectory, further pursuing the international expansion and continuing to leverage and nurture its technological leadership.