Materion Completes Optics Balzers Acquisition
Materion Corporation has completed the acquisition of Optics Balzers AG. Materion stated that the combination of Materion and Optics Balzers creates a premier optical thin film coating solutions provider with a highly complementary geographic, product, and end market portfolio. The company added that complementary technologies across the electromagnetic spectrum boost the capabilities of the combined business and position Materion to capitalize on key megatrends to drive topline growth.
“I would like to extend a very warm welcome to the entire Optics Balzers team,” said Jugal Vijayvargiya, Materion president and chief executive officer. “I am looking forward to the collaboration between our teams to support customers globally and deliver leading edge solutions.”