OptoGroup acquires French vision company Alliance Vision
OptoGroup, located in Gräfelfing, Germany, has acquired a majority shareholding in the company Alliance Vision, a provider of machine vision components located Montelimar, France. The purchase by Opto, a manufacturer of opto-electronic modules, is retroactive to the 1 January 2014.
The acquisition strengthens Opto’s market position in France in the field of standard optomechanical components. Opto CEO, Markus Riedi, stated: ‘This acquisition brings us closer to our target customers in the important French market, both with our machine vision lenses and our OEM and embedded micro-imaging capability.
‘With the foundation of Opto France in 2008, and Opto UK in 2009, this acquisition further demonstrates our commitment to meeting the demands of our local customer base with corresponding local expertise,’ he continued. ‘Alliance Vision is a well established, leading provider of machine vision components with a rapidly expanding customer base.’
Markus Riedi is appointed as CEO of Alliance Vision and will be responsible for finance and strategy. Frédéric Nicaise remains responsible for local day to day operations, with a focus on sales and business development activities within France.