Successful closing of transaction between TRIOPTICS GmbH and Jenoptik AG
September 24, 2020
In July 2020, TRIOPTICS GmbH and Jenoptik AG have signed an agreement to integrate TRIOPTICS into the Jenoptik group by a stepwise transaction process.
Today, we are pleased to announce that the legal closing of this transaction has been successfully completed. With this transaction, TRIOPTICS becomes a new Strategic Business Unit of the Jenoptik division Light & Optics, which is in line with the strategy of Jenoptik to build a photonics-focused technology group. TRIOPTICS’ innovative test solutions complement Jenoptik‘s know-how and portfolio and strengthens the group’s offering to fast-growing industries. Together, we aim to gain market share by creating technological advantages and unique photonic solutions based on the now combined expertise in optics, industrial image processing and measurement technology.
The strong TRIOPTICS brand and business model will stay. Eugen Dumitrescu (CEO) and Dr. Stefan Krey (CTO) will continue operating the TRIOPTICS business as managing directors. The management board of TRIOPTICS will be complemented on the part of Jenoptik by Kristin Holzhey and Joern Luethje.
Kristin Holzhey will manage the post-merger integration project, and in this respect, she will identify all topics related to the integration and address them together with an integration team.
Joern Luethje will join TRIOPTICS as of October 1, 2020 as CFO and takes over the responsibility for all financial matters. In this function he will also be responsible for the finance and compliance-oriented sub-projects of the integration process.
Eugen Dumitrescu: “TRIOPTICS’ management welcomes this strong support which will be the key to a structured and smooth transaction process into the Jenoptik group.”