06 Feb 2009
Jena, Germany, February 6 2009 - The Jenoptik Group has further expanded its international presence. The Industrial Metrology division of the optoelectronic group is acquiring parts of the Chinese company Shanghai AES Auto Equipment Co. Ltd (AES) and will amalgamate these with its existing activities.
With the acquisition of activities of AES in the Industrial Metrology business, the Jenoptik Group is primarily expanding its assembly capacities for industrial metrology and strengthening its expertise in the procurement of electronic and mechanical components in China. AES, with registered offices in Shanghai, was formed in 2004 and specializes in amongst other things the development, assembly and sale of industrial metrology and assembly technology for the Chinese automotive industry.
The activities of AES will be amalgamated with Hommel Telstar Co. Ltd., Shanghai. Hommel Telstar was formed at the beginning of 2006 as a sales and service company for the Industrial Metrology business and manufactures small items of equipment for the regional Chinese market. The acquisition of the AES activities will give Jenoptik access to its comprehensive procurement know-how which can also be utilized by the group's other divisions.
In addition to its presence in China the Jenoptik Industrial Metrology division is actively involved in the South Korean and Indian markets. Outside Asia, the Industrial Metrology division has production sites in the US, France and Switzerland. Thanks to its global presence at the key centers for the automotive and automotive supplier industry Jenoptik also benefits from being very close to the customer.