Brief: Vigo Photonics Unit Acquires Assets Of Infrared Associates In US

Vigo Photonics SA

25/03/2026 06:13

March 25 (Reuters) - 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

 (Gdansk Newsroom)

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