25 November 2011

3S Photonics acquires fiber amplifier and laser maker Manlight

With the help of Paris-based private equity firm Eurazeo (which acquired 83% of its capital last month), 3S Photonics Group of Nozay, France, which makes chips, optical discrete modules and passive components for the laser, sensing and telecom markets, has acquired Manlight S.A.S. of Lannion France.

Founded in 2006 through the acquisition of Highwave Optical Technologies, Manlight’s 30 staff (who have expertise in fiber amplification and laser technologies) design and manufacture products for telecom networking (from transport to broadband access), industrial, security (LIDAR) and defense. “The integration of Manlight into the 3S Photonics Group is an important turning point, anticipating terrific growth opportunities,” reckons founder & former Highwave Optical Technologies CEO Eric Delevaque. “Commercial and technical synergies will enable us to benefit from the full value of Manlight’s know-how and intellectual property,” he adds.

Manlight will be a subsidiary of 3S Photonics Group. 3S’ president & CEO Alexandre Krivine is appointing Delevaque as Manlight's general manager.

“This deal fits perfectly into the development strategy we have established for 3S,” says Krivine. “The Manlight product range allows us to expand our offering for our historical telecom customers, and to continue the diversification of our activities by promoting Group components linked to the LIDAR and industrial fiber laser markets, thus enabling us to climb the value chain,” he adds.

Earlier in November, 3S reported a consolidated turnover for fiscal 2011 (to end June) of €51m, up 64% on fiscal 2010 (or up 44% for continuing business).

See related items:

3S reports annual revenue up 64% year-on-year to €51m

3S Photonics acquired by Eurazeo Croissance

Tags: 3S Photonics

Visit: www.3sphotonicsgroup.com

Visit: www.manlight.com