Systematic Growth-backed Nilario completed the acquisition of Litron Laser.

Systematic Growth-backed Nilario, an operator of a group of companies in precision measurement technologies, completed the acquisition of Litron Laser, a UK-based manufacturer of advanced solid-state lasers and laser subsystems. Financial terms were not disclosed. “We are very excited to welcome Litron to Nilario, as their world class laser expertise strengthens our position in advanced photonics. Litron’s technology platform and expertise has allowed the company to become a trusted partner to blue chip customers across diverse end-markets globally. We are looking forward to supporting the team in servicing their customer base.” Fredrik Alvesson, Nilario Director.