Date Announced: 15 Jul 2021
Jenoptik is focusing in the metrology business.
Jena, Germany -- Jenoptik has announced that it is selling its non-optical process metrology business for grinding machines to Marposs. Marposs is to take over all Jenoptik employees at the main site in Peseux, Switzerland, as well as in Ratingen and Ludwigsburg, Germany, 40 people in total. In 2020, Jenoptik generated revenue of around 7 million euros with process metrology for grinding machines.
With the sale, Jenoptik is focusing more strongly on those metrology areas in which the group is well positioned on the global market, and is divesting smaller, highly specialized, non-optical activities in its Light & Production division. "We have found a partner and new 'best owner' for the process metrology business in the Marposs Group. As a global supplier and metrology specialist, Marposs offers very good development opportunities for this unit," said Jenoptik’s President & CEO Stefan Traeger.
The process measurement technology sold by Jenoptik specifically addresses production optimization and quality assurance in grinding processes, particularly in the automotive industry. In addition to the quality of the work pieces, process reliability is also guaranteed, as control systems also automatically compensate tolerance fluctuations. These occur, for example, when grinding disks wear out or as a result of temperature fluctuations. Process control systems capture the measured values in real time and thus continuously control the grinding process.
Both parties agreed not to disclose any details of the transaction or the purchase price. The closing of the transaction is expected at the end of July / beginning of August 2021.
Optical technologies are the very basis of our business: Jenoptik is a globally active technology group and is active in the three photonics-based divisions: Light & Optics, Light & Production and Light & Safety. Under the TRIOPTICS brand, Jenoptik also offers optical test and manufacturing systems for the quality control of lenses, objectives and camera modules.
VINCORION is the brand for our mechatronic business. Our key target markets primarily include the semiconductor industry, medical technology, automotive and mechanical engineering, traffic, aviation as well as security and defense technology industries. Approximately 4,500 employees work for Jenoptik worldwide.
The Group’s headquarters are in Jena (Germany). JENOPTIK AG is listed on the German Stock Exchange in Frankfurt and is included in the SDax and TecDax. In the 2020 fiscal year, Jenoptik generated revenue of approx. 767 million euros.
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