Mergers & Acquisitions ·
IPG Photonics Corporation entered into a Share Purchase Agreement to acquire 100% of Lumibird Medical from Lumibird…
IPGPIpg Photonics Corp
IPG Photonics Corporation entered into a Share Purchase Agreement to acquire 100% of Lumibird Medical from Lumibird S.A. for €300 million in cash on a debt-free basis, subject to customary adjustments. The transaction includes contingent earn-out consideration of up to €50 million based on 2026 and 2027 performance metrics. IPG intends to fund the acquisition using existing cash reserves and has secured warranty and indemnity insurance. Closing is expected in the fourth quarter of 2026, pending regulatory approvals from the French Minister of the Economy and the Autorité des marchés financiers. IPG Photonics Corporation operates in the photonics industry, manufacturing fiber lasers and laser-based systems for industrial, medical, and defense applications.