Coherent Announces the Completion of Divestiture of Hull, England Operations
October 12 2017 - 12:24PM
PR Newswire (US)
SANTA CLARA, Calif.,
Oct. 12, 2017 /PRNewswire/
-- Coherent, Inc. (NASDAQ: COHR) today announced that on
October 11, 2017 it completed the
divestiture of its Hull, England
operations by way of the sale of its subsidiary, Rofin-Sinar UK
Ltd. to CMR GmbH, an investment company based in Austria. The Hull operations had been held separate
pursuant to commitments made to the European Commission arising
from the acquisition of Rofin-Sinar Technologies, Inc. in November,
2016.
Founded in 1966, Coherent, Inc. is one of the world's leading
providers of lasers and laser-based technology for scientific,
commercial and industrial customers. Our common stock is listed on
the Nasdaq Global Select Market and is part of the Russell 1000 and
Standard & Poor's MidCap 400 Index. For more information about
Coherent, visit the company's website at http://www.coherent.com
for product and financial updates.
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SOURCE Coherent, Inc.
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