BRIEF-Vigo Photonics Unit Acquires Assets Of Infrared Associates In US

- Vigo Photonics S.A. VGOP.WA:

  • UNIT VIGO PHOTONICS CORPORATION ACQUIRES ASSETS OF U.S.-BASED INFRARED ASSOCIATES INC FOR $8.4 MILLION

  • ACQUISITION INCLUDES ORGANIZED PART OF BUSINESS RELATED TO INFRARED DETECTOR PRODUCTION

  • DEAL TO PROVIDE PRODUCTION FACILITIES IN UNITED STATES AND STRENGTHEN GLOBAL MARKET POSITION

  • INFRARED ASSOCIATES REPORTED 2025 REVENUE OF ABOUT $8.7 MILLION AND ESTIMATED OPERATING PROFIT OF ABOUT $1.5 MILLION

  • SECURES FINANCING FROM PKO BP COMPRISING MAX. $3 MILLION ACQUISITION LOAN, EUR 3 MLN INVESTMENT LOAN AND EUR 5 MLN REVOLVING LOAN


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Further company coverage: VGOP.WA