TRUMPF acquires a majority stake in fiber-laser specialists AFS

High-tech company TRUMPF has acquired an 80 percent stake in Active Fiber Systems GmbH (AFS), a company based in Jena, Germany, that specializes in fiber lasers.

AFS develops and manufactures ultrashort-pulse laser systems and fiber-laser systems used primarily in science and research. In addition to basic research, its areas of application include the generation of extremely short-wavelength light with high coherence, biomedical imaging and material processing.

As a majority stakeholder in AFS, TRUMPF hopes to leverage synergies in the research and further development of its existing ultrashort-pulse laser portfolio and to expand its business in this growing field.

Founded in Jena in 2009, Active Fiber Systems has a workforce of 37 employees. TRUMPF plans to retain the location in Jena and build on the research-driven company’s independent standing even after the takeover as majority stakeholder.
Both parties have agreed not to disclose details about the transaction.

www.trumpf.com