Konica Minolta Optics acquire Instrument Systems
12 December 2012 09.30 GMT
(Germany) - Instrument Systems GmbH becomes a
consolidated subsidiary of Konica Minolta Optics, Inc.
The Munich lighting measurement equipment company will expand the sensing division of the Japanese Group with its product range. The
Instrument Systems brand and the locations in Munich and Berlin will be retained with previous owner Richard Distl continuing as President and CEO.
“The company was established 26 years ago and it has undergone enormous growth since then. The time had come to chart a strategic roadmap for the sustainable further development of the company. Konica Minolta is the right partner and offers outstanding framework conditions for development,” explained Distl.
During recent years, Instrument Systems has posted exceptional growth. The business year 2011/12 once again closed in June with the best result since the company was founded. Combined sales with subsidiary company Optronik Berlin rose by 27% to 30.3 million euros – following on from 23.9 million euros in the business year 2010/11. The company achieved significant improvement in the area of display metrology. A number of major orders from leading brand manufacturers for consumer electronics had been drivers for this growth.
Toshihiko Karasaki, President of Konica Minolta Optics, sees the acquisition of the company with a high global reputation as aligning with the Group’s strategy: “Our goal is to have a leading global position in all our corporate divisions and to integrate international talent within our group. Instrument Systems is the best company in LED lighting measurement to consistently implement this strategy. Together, we now cover all segments of display and light-source measurement and we are positioned as number one in this area.”