Hamamatsu Completes Acquisition of NKT Photonics
HAMAMATSU, Japan, May 31, 2024 — Hamamatsu Photonics K.K. has completed its acquisition of NKT Photonics A/S. Beginning June 1, NKT Photonics will be a subsidiary of Hamamatsu Photonics, adding its fiber lasers and photonic crystal fibers to Hamamatsu’s portfolio. NKT Photonics, Hamamatsu said, will continue its operating structure. At the deal’s close, Hamamatsu paid a total of ~€247 million ($268 million), an increase of €42 million over the price expected when the acquisition was first announced