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Japanese optical device manufacturer Hamamatsu Photonics K.K. has announced that the Danish Business Authority (DBA) has approved the sale of NKT Photonics to Belgium based Photonics Management Europe S.R.L., a 100% owned subsidiary of Hamamatsu Photonics.
The DBA blocked the planned sale a year ago for security reasons and Hamamatsu reapplied in July 2023. The acquisition was subject to regulatory approvals in Germany, the UK and the US.
Hamamatsu has around 5,500 employees, of whom around 282 are in Europe, Middle East and Africa region, including Belgium, Denmark, France, Germany, Israel, Italy, the Netherlands, Poland, South Africa, Spain, Switzerland, Sweden and the UK. Over 75% of Hamamatsu’s sales are outside Japan.
NKT Photonics is owned by NKT, and is a supplier of high-performance fiber lasers and photonic crystal fibers with around 400 employees in the USA, UK and Switzerland.
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