Cathay Capital Private Equity, Mérieux Equity Partners, Bpifrance, and Auriga Partners have entered into negotiations for the sale of their stakes in ultrafast lasermaker Amplitude Laser Group, whose lasers have utility in scientific, medical, and industrial applications, to Luxembourg-based investment company L-GAM.
The official signing of the final documentation will occur after the consultation of the employees' representatives of Amplitude Laser Group, and the sale will be subject to clearance from the German antitrust authority.
Amplitude Laser Group is an international specialist covering all ultrafast laser technologies and their applications, with close to 350 employees over three continents and a diverse portfolio of scientific, medical, and industrial clients in over 40 countries. With the backing of its shareholders, the company expanded abroad by opening subsidiaries in Japan, Korea, and more recently in China, as well as in the U.S. with the acquisition of Continuum Lasers in 2014.
During this period, Amplitude Laser Group also deeply diversified its end markets by pioneering the use of ultrafast lasers in high-growth industries such as semiconductor, advanced micromachining, and particularly display, where it managed to establish a significant partnership with major manufacturers. The scientific and technical skills of the group also allowed it to be involved in most of the major laser research infrastructure projects, such as the Extreme Light Infrastructure in Europe, initiated by Gérard Mourou, a winner of the 2018 Nobel Prize in Physics. All these efforts contributed to the strong growth of Amplitude Laser Group, with revenues more than tripling over the period to reach more than 70 million euros by March 2019.
For more information, please visit amplitude-laser.com.