Hitachi Industrial Equipment Systems Completes Acquisition of German Laser Systems Manufacturer PHOTON ENERGY
TOKYO, April 22, 2022 – (JCN Newswire) – Hitachi Industrial Equipment Systems Co., Ltd. announced today that it has acquired 100% of the shares of PHOTON ENERGY GmbH.
For more than 40 years, Hitachi Industrial Equipment Systems has successfully developed its coding and marking business with continuous inkjet printing technology, to meet a variety of product identification needs in the food and beverage, cosmetics, pharmaceutical, electronics and auto parts in more than 110 countries. global.
The growing demand for precise, indelible coding and more environmentally friendly products is expanding the business opportunities for a wider range of coding technologies, especially laser markers.
PHOTON ENERGY, since its founding in 2001, has established its reputation as a technology leader in the development, research and sale of Ultra Short Pulse (USP) lasers, sources and marking systems. Their strengths are in medical devices, electronics and semiconductors, primarily in Europe, but with plans to further expand its sales in Asia and North America.
Hitachi Industrial Equipment Systems’ objective in this acquisition is to add PHOTON ENERGY’s innovative laser technology and applications know-how to its industrial equipment portfolio. In doing so, Hitachi Industrial Equipment Systems will strengthen its competitiveness in the field of coding and marking by merging its strengths with the superior laser technology expertise of PHOTON ENERGY.
Yasuhiro Takeuchi, President and Director of Hitachi Industrial Equipment Systems, said, “I am very pleased to announce that Hitachi Industrial Equipment Systems has acquired PHOTON ENERGY. PHOTON ENERGY’s excellent technologies will help Hitachi Industrial Equipment Systems access broader segments and accelerate the growth of the coding and marking business in the global market.”
Dr. Hans Amler, CEO of PHOTON ENERGY, said: “We are very excited to continue growing our business in the global market as part of the Hitachi family.
About Hitachi Industrial Equipment Systems Co., Ltd.
The Hitachi Group is focused on strengthening its contribution to the environment, the resilience of business and social infrastructure as well as comprehensive programs to improve safety and security. Hitachi solves problems faced by customers and society in six areas: IT, energy, mobility, industry, smart life and automotive systems.
Among them, Hitachi Industrial Equipment Systems. Co., Ltd contributes to customers through the product business in the field of industry. For more information about Hitachi Industrial Equipment Systems, please visit the company’s website at https://www.hitachi-ies.co.jp/english/index.htm.
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