SPI sells CO2 business to Chinese firm
SPI Lasers, based in Southampton, UK, has completed the sale of its CO2 laser business to the Chinese firm Suzhou Tianhong Laser.
Having acquired JK Lasers from GSI earlier in 2015, SPI Lasers, which is owned by Trumpf, also acquired its CO2 business. SPI Lasers is a leading provider of fibre lasers and has decided to remain focused on its core fibre products. The sale of the CO2 business to Suzhou Tianhong Laser ensures existing customers continue to be supported.
Thomas Fehn, CEO of SPI Lasers, stated: ‘I am pleased we have found an organisation in Suzhou Tianhong Laser that will continue the CO2 lasers business previously provided by JK Lasers. I know the team at Suzhou Tianhong Laser is dedicated to providing the very best service for new and existing customers in the CO2 laser business, I wish them every success in the future.’
SPI Lasers will continue to sell and develop its suite of industrial CW RedPower and pulsed RedEnergy fibre lasers via its global distribution network.