Hellma Materials GmbH, is taking over Jenoptik's germanium crystal growth business. A contract between the companies was signed on 5 July 2021. The acquisition is still subject to regulatory approval, which is expected within the next few weeks. Both parties have agreed not to disclose the purchase price.
Hellma Materials is a specialist in the production of synthetic crystals and optical ceramics for various applications, primarily for microlithography, optics, laser technology and radiation detection. Jenoptik's crystal growing activities are bundled in Photonic Sense GmbH, Eisenach (Thuringia). The produced blanks from optical germanium and silicon are the base material, e.g. for infrared optics.
The business sold ideally complements the product portfolio of Hellma Materials. Dr. Thomas Töpfer of Hellma Materials said that with the activities acquired, they can offer their customers an even more comprehensive range of materials for applications in the optical and photonics industry. Hellma Materials will take over all 25 employees of the company and will continue the production at the Eisenach site. Photonic Sense generated around 6 million euros of revenue in 2020. Stefan Traeger, President & CEO of JENOPTIK AG said that with Hellma Materials, they have found a strong and suitable new owner for the business. He also said that with this step, they continue to implement their strategic goal of focusing on applications around optics and photonics.