Jenoptik AG is set to acquire from Berliner Glas GmbH, a wholly-owned subsidiary of ASML Holding NV, a 100 percent stake in the three companies BG Medical Applications GmbH (”Berliner Glas Medical“), a supplier of high-precision, custom optical components for the medical technology sector based in Berlin, SwissOptic AG, a specialist in the development and manufacture of optical components and assemblies, primarily for the medical technology, semiconductor, and metrology industries headquartered in Heerbrugg, Switzerland, and SwissOptic (Wuhan) Co., Ltd., based in Wuhan, China, together with SwissOptic AG.

“With this strategic acquisition we will strengthen our global and fast-growing photonics business by significantly expanding our already strong semiconductor equipment business, and, in particular, our highly attractive medical technology business,” says Stefan Traeger, president & CEO of Jenoptik AG.

In 2022, the acquired companies are expected to contribute approximately 130 million euros in revenue. The purchase price amounts to around 300 million euros. The contracting parties have agreed not to disclose the exact terms of the transaction.

Berliner Glas Medical and SwissOptic currently employ around 500 people worldwide. The management will continue to act in its current function for Berliner Glas Medical und SwissOptic under the umbrella of the Jenoptik Group.

Strengthening the light and optics division – in both the semiconductor and medical technology industries

In the medical technology sector, Jenoptik will acquire Berliner Glas Medical’s complementary product portfolio in the fields of dentistry (intraoral scanners) and robotic surgery, while at the same time strengthening its ophthalmology and life sciences business through the activities of SwissOptic. The acquisition will enable Jenoptik to approximately double the size of its medical technology business in this attractive end market.

SwissOptic’s semiconductor business will further complement Jenoptik’s product portfolio, and will enable Jenoptik to offer existing and new customers an even wider range of solutions. Moreover, Jenoptik will deepen its existing, longstanding business relationship with ASML, one of the key players in the semiconductor industry, as a reliable supplier and strategic partner.

“We are pleased to have reached this agreement whereby Jenoptik will acquire the medical applications and SwissOptic business of Berliner Glas,” says Andreas Nitze, CEO of the Berliner Glas Group. “We are convinced that the combined businesses are well positioned to realize the potential we see for the business and will offer the best environment for its employees.”