JK Lasers

GSI Group sell JK Lasers

GSI Group, a global leader and supplier of precision photonics and motion control components and subsystems to the medical equipment and advanced industrial technology markets, today announced that it has sold its JK Lasers business to Trumpf GmbH + Co. KG, a leading global high-technology company, which produces machine tools, lasers and electronics for industrial applications, for approximately $31.5 million in cash, subject to customary purchase price adjustments.

Analysis and opinion
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