IPG Photonics Completes Acquisition of CleanLASER
IPG Photonics (NASDAQ: IPGP) has completed the acquisition of Clean-Lasersysteme GmbH (cleanLASER), a German leader in laser cleaning systems with approximately $30 million in annual revenue and 2,000 systems installed worldwide. The acquisition strengthens IPG's position in high-precision laser cleaning applications by adding expertise, market exposure, and technology synergies. CleanLASER, founded in 1997 and based in Herzogenrath, serves customers across automotive, industrial, aerospace, medical, and food sectors.
IPG Photonics (NASDAQ: IPGP) ha completato l'acquisizione di Clean-Lasersysteme GmbH (cleanLASER), un leader tedesco nei sistemi di pulizia laser con circa 30 milioni di dollari di fatturato annuale e 2.000 sistemi installati in tutto il mondo. L'acquisizione rafforza la posizione di IPG nelle applicazioni di pulizia laser ad alta precisione, aggiungendo competenze, esposizione al mercato e sinergie tecnologiche. CleanLASER, fondata nel 1997 e con sede a Herzogenrath, serve clienti nei settori automotive, industriale, aerospaziale, medico e alimentare.
IPG Photonics (NASDAQ: IPGP) ha completado la adquisición de Clean-Lasersysteme GmbH (cleanLASER), un líder alemán en sistemas de limpieza láser con aproximadamente 30 millones de dólares en ingresos anuales y 2,000 sistemas instalados en todo el mundo. La adquisición refuerza la posición de IPG en aplicaciones de limpieza láser de alta precisión, añadiendo experiencia, exposición al mercado y sinergias tecnológicas. CleanLASER, fundada en 1997 y con sede en Herzogenrath, sirve a clientes de los sectores automotriz, industrial, aeroespacial, médico y alimentario.
IPG Photonics (NASDAQ: IPGP)는 약 3천만 달러의 연간 수익과 전 세계에 2,000개의 설치 시스템을 보유한 독일의 레이저 청소 시스템의 선두주자인 Clean-Lasersysteme GmbH (cleanLASER)를 인수 완료했습니다. 이번 인수는 IPG의 고정밀 레이저 청소 애플리케이션에서의 입지를 강화하며 전문성, 시장 노출 및 기술 시너지를 더합니다. CleanLASER는 1997년에 설립되어 Herzogenrath에 본사를 두고 있으며, 자동차, 산업, 항공우주, 의료 및 식품 분야의 고객에게 서비스를 제공합니다.
IPG Photonics (NASDAQ: IPGP) a finalisé l'acquisition de Clean-Lasersysteme GmbH (cleanLASER), un leader allemand des systèmes de nettoyage au laser avec environ 30 millions de dollars de revenus annuels et 2 000 systèmes installés dans le monde. Cette acquisition renforce la position d'IPG dans les applications de nettoyage au laser de haute précision en ajoutant de l'expertise, une exposition au marché et des synergies technologiques. CleanLASER, fondée en 1997 et basée à Herzogenrath, sert des clients dans les secteurs de l'automobile, de l'industrie, de l'aérospatial, médical et alimentaire.
IPG Photonics (NASDAQ: IPGP) hat die Übernahme von Clean-Lasersysteme GmbH (cleanLASER) abgeschlossen, einem führenden deutschen Unternehmen im Bereich der Laserreinigungssysteme mit einem Jahresumsatz von etwa 30 Millionen Dollar und 2.000 installierten Systemen weltweit. Die Übernahme stärkt die Position von IPG in hochpräzisen Laserreinigungsanwendungen, indem sie Fachwissen, Marktexposition und technologische Synergien hinzufügt. CleanLASER, 1997 gegründet und mit Sitz in Herzogenrath, bedient Kunden aus den Bereichen Automobil, Industrie, Luft- und Raumfahrt, Medizin und Lebensmittelsektor.
- Acquisition adds $30 million in annual revenue to IPG's business
- Access to cleanLASER's installed base of 2,000 systems worldwide
- Expansion into new markets and applications
- Strategic enhancement of laser cleaning solutions portfolio
- Diversification across multiple industry sectors
- None.
Insights
The acquisition of cleanLASER marks a strategic expansion into the growing laser cleaning market, adding
This acquisition strengthens IPG's competitive position by diversifying revenue streams and expanding their addressable market. The deal aligns with the industry trend toward environmentally sustainable manufacturing solutions, potentially opening up new growth opportunities. The integration of cleanLASER's expertise with IPG's existing capabilities could lead to product synergies and operational efficiencies, though integration costs and execution risks should be monitored.
The cleanLASER acquisition significantly enhances IPG's technological capabilities in laser cleaning applications, a growing segment in industrial manufacturing. Their specialized systems offer precise material removal without damaging underlying surfaces, representing an advancement over traditional chemical or mechanical cleaning methods.
The combination of IPG's fiber laser expertise with cleanLASER's application-specific knowledge creates opportunities for innovative solutions and potential market leadership in this space. The 25-year heritage of cleanLASER in industrial cleaning applications brings valuable intellectual property and engineering expertise that could accelerate IPG's product development and market penetration in this sector.
Acquisition Accelerates IPG Entry Into Growing Laser Cleaning Solutions
MARLBOROUGH, Mass., Dec. 02, 2024 (GLOBE NEWSWIRE) -- IPG Photonics Corporation (NASDAQ: IPGP) today announced that it has completed its acquisition of Clean-Lasersysteme GmbH (cleanLASER), a leader in laser cleaning systems. The purchase of cleanLaser strengthens IPG’s global position in high-precision laser systems for cleaning applications by bringing additional know-how, complementary market exposure, and product and technology synergies.
“The acquisition of cleanLaser aligns with IPG's strategic focus on expanding into promising new markets and applications. This move further differentiates our business by enhancing our ability to deliver comprehensive solutions that provide customers with cost-effective and environmentally sustainable alternatives to traditional industrial processes,” said Dr. Mark Gitin IPG Photonics’ Chief Executive Officer. “On behalf of the entire IPG team I want to welcome the cleanLaser team to IPG Photonics and look forward to working closely with them.”
Founded in 1997 and based in Herzogenrath, Germany, cleanLASER is a leader and pioneer in expanding the usage of lasers for industrial cleaning, with an installed base of approximately 2,000 systems worldwide and approximately
Contact
Eugene Fedotoff
Senior Director, Investor Relations
IPG Photonics Corporation
508-597-4713
efedotoff@ipgphotonics.com
About IPG Photonics Corporation
IPG Photonics Corporation is the leader in high-power fiber lasers and amplifiers used primarily in materials processing and other diverse applications. The Company’s mission is to develop innovative laser solutions making the world a better place. IPG accomplishes this mission by delivering superior performance, reliability and usability at a lower total cost of ownership compared with other types of lasers and non-laser tools, allowing end users to increase productivity and decrease costs. IPG is headquartered in Marlborough, Massachusetts and has more than 30 facilities worldwide. For more information, visit www.ipgphotonics.com.
FAQ
What is the annual revenue of cleanLASER acquired by IPG Photonics (IPGP)?
How many installed systems does cleanLASER have worldwide?
When was cleanLASER founded and where is it based?
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