M&A Deal Summary

Humanetics Acquires Optek Systems

On February 1, 2019, Humanetics acquired machinery company Optek Systems

Acquisition Highlights
  • This is Humanetics’ 1st transaction in the Machinery sector.
  • This is Humanetics’ 1st transaction in the United States.
  • This is Humanetics’ 1st transaction in South Carolina.

M&A Deal Summary

Date 2019-02-01
Target Optek Systems
Sector Machinery
Buyer(s) Humanetics
Deal Type Add-on Acquisition

Target

Optek Systems

Greenville, South Carolina, United States
OpTek Ltd. is a provider of laser processing tools and sub-contract laser machining services. OpTek develops and delivers precision laser processing tools by bringing together core skills in lasers, optics, laser/materials interaction, automation, vision, control, and software. OpTek Ltd. was founded in 2000 and is based in Greenville, South Carolina.

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Buyer(S) 1

Buyer

Humanetics

Plymouth, Michigan, United States

Category Company
Sector Test/Measurement Equipment
DESCRIPTION

Humanetics is a provider of safety systems, crash test dummies (ATDs), simulation software (RAMSIS), CAE models, human body models, complete line of passive & active safety SW & testing solutions, precision sensors, fiber optics and laser material processing solutions. Humanetics is based in Plymouth, Michigan.


DEAL STATS #
Overall 2 of 2
Sector (Machinery) 1 of 1
Type (Add-on Acquisition) 2 of 2
State (South Carolina) 1 of 1
Country (United States) 1 of 1
Year (2019) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-02-02 Fibercore

Chilworth, United Kingdom

Fibercore Ltd. is a provider of specialty optical fiber products to customers globally within the aerospace, defense and telecommunications industries.

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