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New Deal


Announced

Photonis to acquire ProxiVision.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Ultra-Violet detection solutions

Acquisition

Private

Cross Border

Majority

Pending

Friendly

Single Bidder

Germany

Electronic Components and Equipment

Synopsis

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Photonis, a producer of electro-optical detection and imaging devices for defense and industrial markets, agreed to acquire ProxiVision, a supplier and service provider for high-grade optoelectronic components and detector systems, especially for low-light and short-gating intensified cameras, image intensifiers and detectors for x-rays, UV, visible light, NIR, particles. Financial terms were not disclosed. “With this acquisition, we strengthen our positioning in ultra-violet and solar blind imaging devices with strong expertise and manufacturing capabilities. It is also a very nice opportunity to increase our footprint in Germany in which we have key customers and significant background,” Jérôme Cerisier, Photonis CEO.

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