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Vigo Photonics Unit Acquires Assets Of Infrared Associates In US

ReutersMar 25, 2026 6:13 AM

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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