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France's Quantel Medical acquires Slovenia’s Optotek Medical

France's Quantel Medical acquires Slovenia’s Optotek Medical Kritchanut/Shutterstock.com

LJUBLJANA (Slovenia), August 26 (SeeNews) – France-based healthcare service provider Quantel Medical, part of European leader in laser technologies Lumibird group, has acquired Slovenian company Optotek Medical for an undisclosed sum, Lumibird said on Monday.

“This acquisition marks the culmination of the longstanding collaboration established between the two companies through OEM [original equipment manufacturer] contracts to develop and supply devices for Quantel Medical’s range of anterior chamber lasers,” Euronext Paris-listed Lumibird said in a statement.  

The acquisition of the Slovenian company specialized in developing optical and laser solutions for medical applications will enable Quantel Medical to further strengthen its research and development expertise for medical lasers and its industrial integration with an additional ISO 13485-certified production unit based in Ljubljana, Lumibird noted.

“The co-developments by Quantel Medical and Optotek Medical over nearly 20 years have made it possible to bring innovative solutions to the market for the treatment of secondary cataracts and glaucoma,” Quantel Medical’s manager, Jean Marc Gendre, said in the statement.

The industrial, technological and commercial synergies between the two companies will make it possible to further strengthen the competitiveness of the ophthalmic lasers already released, while accelerating the development of new products, the statement reads.

Created through the combination of the Keopsys and Quantel Groups in October 2017, Lumibird group has more than 500 employees and over 100 million euro ($111.4 million) of revenues and is present in Europe, America and Asia.

($ = 0.89708 euro)

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