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Announced

Laser Photonics to acquire Beamer for $13m.

Synopsis

Laser Photonics, an industrial laser manufacturer, agreed to acquire Beamer, a manufacturer of laser marking systems, for $13m. "Beamer complements the Control Micro Systems transaction that we completed in November last year and immediately enhances our long-term strategy through deeper product diversification in the fast-growing laser marking market, where product traceability and regulatory compliance are driving demand across aerospace, automotive, medical and other industrial sectors. Beamer's strong reputation, proven equipment, and loyal customer base provide a solid platform for growth," John Armstrong, Laser Photonics Executive Vice President.

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