Sign In

Search Press
Looking for press releases of a particular company? Enter company name (or keyword) here.


Arma Partners advises SPI Lasers plc on its $50 million proposed acquisition by TRUMPF GmbH + Co. KG

Arma Partners is pleased to announce that it acted as financial advisor to SPI Lasers plc (AIM: SPIL), including the provision of independent advice to the Board as required by Rule 3 of the City Code, in relation to the recommended cash offer to acquire SPI Lasers, made by TRUMPF GmbH + Co. KG.

The recommended cash offer of 40 pence per SPI Lasers share values the entire issued and to be issued share capital of SPI Lasers at £27.8 million, and represents a premium of approximately 33 per cent. to the closing price per SPI Lasers share on 8 September 2008, and a premium of approximately 29 per cent. to the average closing price of 31 pence per SPI Lasers share for the six month period prior to the date of the announcement.

SPI Lasers is a leading designer and manufacturer of optical fiber-based lasers for use in materials processing applications in a wide range of industries. Headquartered in Southampton, United Kingdom, SPI Lasers has been operating since 2000 and its shares were admitted to trading on AIM in October 2005. SPI Lasers sells its products globally, and has its major business operations, including research and development and manufacturing, in the United Kingdom, with additional sales and customer support locations in Asia and North America. For the financial year ended 31 December 2007, SPI Lasers reported revenues of approximately £13.0 million (2006: £7.1 million) and a loss before taxation of approximately £12.7 million (2006: £11.3 million).

TRUMPF is one of the world’s leading companies in production technology, offering high-quality laser-based products and solutions for materials processing applications based upon a range of different types of laser sources. For the year ended 30 June 2007, TRUMPF reported revenues of €1.94 billion.

More information on the deal can be found at:

Publisher Contact Information:

Arma Partners LLP

Company profile of Arma Partners LLP
Past press releases of Arma Partners LLP.


Tech investments
From our Online Data Service
VC-backed companies
From our Radar

Recent Deals

Oct 11N/AInternet services
Oct 11€1.1MKnowledge management
Oct 11N/AInternet services
Oct 11€13.0MBiotechnology
Oct 11N/AMedical devices
Oct 10€50.0MInternet services
Oct 10€23.0MOther Computers & Electronics

For information on Europe's most extensive database on technology funding click here!


Press Releases

May 28
identiq raises $5m seed, launches privacy-first identity validation...

Apr 29
nethone raised over $1 million from innovation nest

Oct 1
The Link App
the link app launches version 2.0

Mar 29
Addex Therapeutics
addex sucessfully raises chf40 million in capital increase

Jan 2
Urban Jungle
urban jungle raises £1m in seed funding to build tech-enabled home ...

About usContact usLegal Information
Copyright © 1999-2019
Emerging Technology Research Europe Inc. All rights reserved.