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SPI Acquires JK Lasers - One Company, Stronger Together - As of today 15th April, SPI Lasers has completed the acquisition of JK Lasers based in Rugby (UK), to enhance its high power Fiber Laser portfolio - SPILasers.com
SPI Acquires JK Lasers

 

NewswireToday - /newswire/ - Rugby, Warwickshire, United Kingdom, 2015/04/15 - One Company, Stronger Together - As of today 15th April, SPI Lasers has completed the acquisition of JK Lasers based in Rugby (UK), to enhance its high power Fiber Laser portfolio - SPILasers.com.

   
 
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With almost 100 employees and annual sales of 17.6 million euros, JK Lasers is one of the world's leading manufacturers of high-power Fiber Lasers for industrial use; their acquisition helps SPI Lasers to strengthen their position as a leader in the Fiber Laser market.

JK Lasers (formerly a member of the GSI Group), has more than 40 years of experience in Laser development. With its core competence being in the development of Fiber Lasers with outputs up to 4 kilowatts, as well as combiners for joining Laser sources and other beam guidance components.

The acquisition will see JK Lasers, its products, offices and an additional 42,000 sq ft of floor space incorporated under the single brand of ‘SPI Lasers’, with its UK site in Rugby continuing to operate as an additional production, development and customer service centre for Fiber Lasers and optical components.

It is expected the acquisition will have significant customer benefits, bringing improvements in both experience and expertise to SPI Lasers, creating a more versatile organisation, with enhanced vertical integration. It will also create an expanded base of highly qualified Laser experts; which translates into a broader product offering, greater integration, product innovation and enhanced customer service.

The expanded product range will see SPI Lasers move into the field of multi kW systems, as well as utilising a number of additional JK Lasers products to enhance their levels of vertical integration.
SPI Lasers CEO Dr Christian Schmitz stated:

“We are very excited about the prospects ahead as we blend the considerable talents and technology of SPI Lasers and JK Lasers. Our focus of course remains on putting our customers at the heart of everything we do, producing high quality, reliable and flexible Lasers designed to suit their needs.”

It has been confirmed that SPI Lasers will continue to support and enhance many of JK Lasers existing products, ensuring their customers continue to enjoy the same quality and ease of use they have come to expect.

Customers of JK Lasers have been assured that they can rely on the same personal working relationships they have experienced in the past, dealing with the same people, delivering the same quality of work.

SPI Lasers will be attending the Laser World of Photonics Exhibition later this year in Munich, where customers old and new, will be able to view the companies’ complete product suite.

About SPI Lasers

SPI Lasers (spilasers.com), a wholly owned subsidiary of the TRUMPF Group (trumpf.com), is a leading designer and manufacturer of Fiber Lasers for use in materials processing applications in a wide range of industries. Our technology solves manufacturing problems; it moves the boundaries of what is possible, making good products better and enabling new designs. Headquartered in Southampton, United Kingdom, SPI Lasers has been operating since 2000. SPI Lasers sells its products globally, and has its major business operations, including research and development, and manufacturing, in the United Kingdom, with additional sales and customer support locations in Asia and North America.

The expanded product range will see SPI Lasers move into the field of multi kW systems, as well as utilising a number of additional JK Lasers products to enhance their levels of vertical integration.

 
 
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Written by / Agency / Source: JK Lasers

 
 

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SPI Acquires JK Lasers

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Publisher Contact: Matt Wallis - SPILasers.com 
+44(0)14 8977 4515 matt.wallis[.]spilasers.com
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any JK Lasers securities in any jurisdiction including any other companies listed or named in this release.

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