>> Agreement signed to acquire the continuum product range from the Amplitude Laser group
Nov.7, 2024
Lumibird announces that it has signed an agreement with Amplitude Laser Group to acquire its nanosecond laser product line under the Continuum brand and its associated service business.
This acquisition strengthens Lumibird’s position, particularly in the scientific market.
This acquisition will also generate industrial synergies. According to Marc Le Flohic, Chairman and CEO of Lumibird: « The acquisition of the Continuum brand, which is highly recognised by universities, will enable Lumibird to strengthen its product range and increase its share of the nanosecond solid-state laser market. This operation is not only profitable, it is also in line with the Group’s strategy of strengthening our position in a recurring market and accelerating the optimisation of the Group’s industrial tools. »
Damien Buet, Chairman and CEO of Amplitude Laser Group, said: «This transaction enables Amplitude to focus its development on ultra-fast and very high-energy lasers for the US and global markets. I would like to thank the Continuum teams for their contribution to the Group in recent years. Lumibird’s acquisition will allow the Continuum range to accelerate its development and provide our customers with an enhanced offering in the field of solid-state nanosecond lasers. Amplitude will work closely with Lumibird to ensure a smooth transition for all stakeholders. ».
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