Laser Photonics Completes Acquisition of Beamer Laser Marking Systems, Expands Product Offerings and Distribution Channels
Reuters
Sep 09
<a href="https://laohu8.com/S/LASE">Laser Photonics</a> Completes Acquisition of Beamer Laser Marking Systems, Expands Product Offerings and Distribution Channels
Laser Photonics Corporation (NASDAQ:LASE) has announced the completion of its acquisition of Beamer Laser Marking Systems' assets. Beamer, previously owned by ARCH Cutting Tools, generated annual revenues between $3 million and $5 million from 2022 to 2024. The acquisition includes Beamer's laser manufacturing equipment, inventory, intellectual property, and existing customer contracts. With Beamer's operations now integrated into Laser Photonics, the company has started fulfilling orders from its Florida facility. The acquisition aims to diversify Laser Photonics' laser systems offerings and customer base, enhancing its "Made in America" manufacturing capabilities. Additionally, discussions are underway with Beamer's distributors to expand the distribution of Laser Photonics' full product line.
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