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New Deal


Announced

Lumibird to acquire high power laser and semiconductor businesses from Prima Industrie.

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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Italy

Electrical Components

laser systems

Acquisition

Cross Border

Private

Majority

Pending

Friendly

Single Bidder

Synopsis

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Lumibird, a specialist in lasers, agreed to acquire high power laser and semiconductor businesses from Prima Industrie, a laser and sheet metal processing machinery provider. Financial terms were not disclosed. "This acquisition strengthens several of our technological pillars and is perfectly in line with Lumibird's strategy of verticalization and sovereignty. It allows us to vertically integrate critical semiconductor technologies, to strengthen our sovereignty over laser technologies in Europe, and to diversify into high growth markets," Marc Le Flohic, Lumibird Chairman and CEO.

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