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SPI acquires JK Lasers – One company, stronger together

SPI Lasers , a leading designer and manufacturer of Fiber Lasers announces the acquisition of JK Lasers with effect from April 15, 2015 to enhance its high power Fiber Laser portfolio. With almost 100 employees and annual sales of 17.6 million euros, JK Lasers is one of the world's leading manufacturers of high-power Fiber Lasers for industrial use.

JK Lasers, until now a member of the GSI Group, has more than 40 years of experience in industrial Laser development. The company's core competence is in high power Fiber Lasers with outputs up to 4 kilowatts, as well as combiners for joining Laser sources and other beam guidance components. Their products are used by machine manufacturers for Laser cutting and welding applications and for additive manufacturing.

Based in Rugby, in the UK, JK Lasers is just a few hours' drive away from SPI Lasers facilities in Southampton. The move will see JK Lasers, its products, offices and an additional 42,000 sq ft of floor space incorporated into the single brand of SPI Lasers, with the Rugby site continuing to operate as a production and development centre for Fiber Lasers and optical components – fully utilising the two companies' complementary expertise and product focus areas.

Christian Schmitz, CEO for SPI Lasers says, “This is an excellent acquisition for SPI Lasers, and firmly strengthens our position as a market leader in the production of Fiber Lasers. The move allows us to offer our customers a wider product portfolio, particularly in our high power range that will offer our customer significant cost effective productivity increases. We believe this is the beginning of SPI Lasers setting a new benchmark in the Fiber Laser market in terms of product performance and customer service.”

For more information on SPI Lasers visit our website www.spilasers.com .

About SPI Lasers

SPI Lasers, a wholly owned subsidiary of the TRUMPF Group, is a leading designer and manufacturer of Fiber Lasers for use in materials processing applications in a wide range of industries. Our technology solves manufacturing problems; it moves the boundaries of what is possible, making good products better and enabling new designs. Headquartered in Southampton, United Kingdom, SPI Lasers has been operating since 2000. SPI Lasers sells its products globally, and has its major business operations, including research and development, and manufacturing, in the United Kingdom, with additional sales and customer support locations in Asia and North America. For more information please visit www.spilasers.com or for information on TRUMPF www.trumpf.com

Contact:

SPI Lasers
Matt Wallis
Corporate Press and Public Relations
Phone +44 (0)1489 774515
Matt.Wallis@spilasers.com

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