Industrial Electronics

Excelitas Technologies to acquire Heraeus Noblelight business

05 October 2023

Photonic solutions provider Excelitas Technologies Corp. has signed a definitive agreement with Heraeus Group of Hanau, Germany, to acquire the Heraeus Noblelight business, including operations in Germany, the U.K., the U.S., China and Japan, along with several key application centers.

Heraeus Noblelight is an operative company within Heraeus Group, a broadly diversified and globally leading family owned technology group. Heraeus Noblelight specializes in the development and manufacture of specialty light sources and solutions, from ultraviolet to infrared, used within analytical instrumentation, industrial curing, water treatment, electronics manufacturing, medical and cosmetic therapy, battery production and many others.

"We see tremendous potential in the union of Heraeus Noblelight’s technology portfolio with our own extensive offering in plasma and LED products. Leveraging our combined investments and expanded offering will drive growth and present innovative integrated solutions to our highly complementary customer and product mix across a variety of unique markets,” said Michael Ersoni, Excelitas Technologies EVP commercial business.

The acquisition of Heraeus Noblelight will represent the latest in a series of strategic acquisitions by Excelitas Technologies since its establishment in 2010.

The agreement has been approved by both companies. The transaction is expected to close before the end of 2023 (subject to obtaining regulatory approvals).

To contact the author of this article, email GlobalSpecEditors@globalspec.com


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