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Domino enters solid state laser market with acquisition of Photon Energy GmbH
30
June
2008
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Domino Printing Sciences plc, global leader in coding, marking and traceability solutions, has today announced the acquisition of solid state laser marking specialist Photon Energy GmbH and its subsidiary, NWL Lasertechnologie GmbH, for a price of EUR4 million.
Based in Ottensoos, Germany, both companies are active in the field of solid-state laser marking technologies, i.e. Nd:YAG, Vanadate & Fibre lasers, which are used in plastic and metal parts marking and surface decoration applications.
As a pioneer of easy-to-use laser marking systems, Photon Energy and NWL bring almost 20 years of industrial experience to Domino, where they will continue to be led by Dr. Hans Amler, currently General Manager of both companies.
The Photon Energy product range incorporates leading edge laser source technology for solid-state lasers, operating at a wavelength of 1 micron (1064nm) and derivatives (e.g. 532nm). Maximum flexibility for the end user or integrator is afforded by a choice of power variants and options to specify compact stand-alone lasers or complete systems in standard industrial housings. Photon Energy products are used widely in the manufacturing sector, with an installed base incorporating leading names such as Siemens, MTU Aircraft Engines, General Motors and BMW.
Nigel Bond, Domino's Group Managing Director, commented, “We have made this acquisition to address the growing demand from our customer base for solid state laser systems and to expand Domino's reach into the automotive, aircraft, electronic, tool and medical sectors currently served by the Photon Group.
“The acquisition is a logical extension of our existing CO2 laser business which principally serves the coding and marking requirements of the food, beverage, pharmaceutical and tobacco sectors,” affirms Mr. Bond.
About Domino Printing Sciences
Founded in 1978 and headquartered in Cambridge, UK, Domino Printing Sciences plc is a world-leader in providing total coding, marking, printing, traceability and RFID solutions. Through constant product development and acquisition, Domino now offers complete end to end solutions incorporating primary, secondary and tertiary applications. The company has established a global reputation for innovative ink jet, laser, print & apply and thermal transfer overprinting technologies for the application of variable data, bar codes and unique traceability codes onto products and packaging in industries such as food, beverage, construction and pharmaceutical.
In 2007 Domino had a turnover in excess of £231M. It employs 2,100 people worldwide and sells to more than 120 countries through a global network of 17 subsidiary offices and more than 75 distributors. Domino's manufacturing facilities are situated in China, Germany, India, UK and USA.
For further information on Domino, please visit www.domino-printing.com
or contact:
Sheila Richardson
Group Marketing Manager
Domino Printing Sciences plc
T: +44 (0) 1954 782551
sheila.richardson@domino-uk.com |
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