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Excelitas Technologies Corp. - X-Cite Vitae LB 11/24

SCANLAB Parent Company Takes Over 25% Stake in HOLO/OR

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PUCHHEIM, Germany, Sept. 1, 2020 — TechInvest Holding AG, parent company of laser scan system manufacturer SCANLAB GmbH, has taken over a 25% stake in HOLO/OR Ltd., a developer of optical elements for industrial applications. HOLO/OR, based in Ness Ziona, Israel, produces diffractive optical elements for laser beam shaping with high damage thresholds, necessary to achieving working compatibility with high-power lasers. In addition to the agreement, formalized in August, TechInvest will take over all remaining shares of HOLO/OR in a series of forthcoming steps in the next few years. HOLO/OR will remain independent and...Read full article

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    Published: September 2020
    acquisitionsBusinessLasersOpticsoptical elementsEuropeIsraeldiffractive optical elementsHolo/Or LtdScanlab GmbHScanlabLight SourcesMaterialsindustryindustrial

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