Announced
Completed
Synopsis
Addtronics, a consolidator of high-quality, niche automation technology and solution providers innovating for the life sciences and other industries, completed the acquisition of DAC International, a manufacturer of ultra-precision equipment for contact lens and intraocular lens (IOL) production. Financial terms were not disclosed. "We are excited to welcome DAC International to Addtronics. Ken and his team have built a world-class organization that is trusted across the ophthalmic manufacturing industry. DAC's position as the market leader in ultra-precision ophthalmic manufacturing equipment as well as their commitment to customer success align perfectly with our mission to support and grow high-quality, niche automation solutions businesses," Max Katzenstein, Addtronics Executive Chairman.
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