19 July 2021 – LUMIBIRD, the European leader in laser technologies, has signed an exclusive agreement with AREVA to acquire its 37% stake in CILAS. This acquisition will strengthen LUMIBIRD’s key position in Europe on defense and civilian markets.
The complementarity of the technological portfolios of CILAS and LUMIBIRD will make it possible to benefit from dual technological synergies (civil and military) and will constitute an offer and a development capacity in subsystems and laser components unparalleled in Europe, with human, technical and industrial resources. to best meet the expectations of players in the sector.
For Marc Le Flohic, CEO and founder of LUMIBIRD, “The acquisition of AREVA’s stake in CILAS is a decisive strategic step in our merger project. It reinforces our vision of a sovereign laser industry, based on agile industrial players, capable of developing their technologies both in the defense and space markets, but also in many civil markets (aeronautics, industrial, medical, etc.) This acquisition will allow the emergence of a new player of sufficient critical size to effectively serve the interests of major French integrators as well as those of European states. Completion of this transaction will pave the way for the acquisition of other European technological nuggets that can enrich and accelerate this development model. “
The finalization of the acquisition, subject to administrative authorization for use, should take place in the coming days.
Unofficial translation by EDR On-Line