M&A Deal Summary

Jenoptik Acquires Five Lakes Automation

On August 22, 2017, Jenoptik acquired technology hardware company Five Lakes Automation

Acquisition Highlights
  • This is Jenoptik’s 1st transaction in the Technology Hardware sector.
  • This is Jenoptik’s 2nd transaction in the United States.
  • This is Jenoptik’s 1st transaction in Michigan.

M&A Deal Summary
Date 2017-08-22
Target Five Lakes Automation
Sector Technology Hardware
Buyer(s) Jenoptik
Deal Type Add-on Acquisition

Target

Five Lakes Automation

Novi, Michigan, United States
website
Five Lakes Automation LLC is a full-service turnkey provider of complex automated manufacturing solutions. The company plans and designs automated production lines and integrates them in the customer’s environment including all production systems. The services and products around process engineering and implementation of automated manufacturing solutions include for example design, system layout, simulation, controls hardware and software design, robotic handling systems as well as transfer devices.

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Buyer(S) 1

Buyer

Jenoptik

Jena, Germany

website

Category Company
Founded 1846
Sector Medical Products
Employees4,905
Revenue 751M EUR (2021)
DESCRIPTION

Jenoptik is engaged in the optoelectronics business in Germany and internationally. Jenoptik was founded in 1846 and is based in Jena, Germany.

DEAL STATS #
Overall 3 of 7
Sector (Technology Hardware) 1 of 2
Type (Add-on Acquisition) 3 of 5
State (Michigan) 1 of 1
Country (United States) 2 of 2
Year (2017) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-01-20 Domestic and Commercial Security

Saltash, United States

Domestic and Commercial Security Ltd. (dba ESSA Technology) is a system integrator and specialist software supplier involved in matching edge software solutions with selected hardware.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-01-27 Interob

Valladolid, Spain

Interob provides tailor-made projects for plant planning, design, manufacture, and integration of automation solutions and robotics applications with a focus on the automotive industry. Interob was established in 2001 and is based in Valladolid, Spain.

Buy -
Mergr

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