News On October 1, the Swatch Group and Rofin-Sinar Technologies (USA) announced that Rofin-Sinar Technologies has acquired Lasag AG.
Founded in 1974, Lasag is one of the original laser companies with more than 30 years of experience in the development and manufacturing of industrial solid-state lasers. Lasag markets and sells its laser products for fine cutting, spot welding, drilling and scribing applications to the medical device, automotive, electronic and aerospace industries. In addition, the company has special expertise in high-precision drilling and laser processing heads. Headquartered in Thun, the company has approximately 80 employees worldwide and maintains offices in the USA, Japan, Germany and Italy. The Lasag locations in Thun and Chicago (USA), will be maintained. With this step, the Swatch Group consequently continues its strategy to refocus on its successful core business.
October 12, 2010