Euresys
TKH acquires
The TKH Group has reached an agreement to acquire the entire Euresys Group, developer and supplier of image and video acquisition components, FPGA IP cores and image processing software as well as frame grabbers.
Euresys is active worldwide and employs 82 people, 50% of whom work in research and development. In addition to its headquarters in Liège (Belgium), the company has subsidiaries in Germany, the USA, Japan, Singapore and China. Its main markets are industrial image processing, factory automation and medical imaging. Euresys also includes the subsidiary Sensor to Image in Schongau, Upper Bavaria.
In 2022, Euresys generated sales of EUR 27 million. TKH is financing the transaction from existing funds. The transaction is not subject to regulatory approval and has already been completed. TKH expects the acquisition to be accretive to earnings per share from 2023. In addition to Euresys with Sensor to Image, the TKH Group, which is headquartered in Haaksbergen, the Netherlands, also includes the machine vision companies Allied Vision, Chromasens, LMI Technologies, Mikrotron, NET, Nerian, SVS Vistek and Tattile.
"The acquisition of Euresys fits in with our 'Accelerate 2025' strategy, in which we accelerate our growth both organically and through acquisitions," explains Alexander van der Lof, CEO of the TKH Group. "Euresys' technology complements TKH's existing proprietary machine vision techniques and adds strong software expertise, interface techniques and know-how to our capabilities." TKH intends to integrate Euresys into the 'Smart Vision systems' division.
You might also be interested in
Products of the year - The e-paper special
"Products of the Year 2023" goes interactive: the new e-paper including video news is here! The winners of the readers' poll have been chosen and in our interactive special edition you will find all the winning products at a glance and exclusive...
read more...With a focus on intralogistics
The e-paper of issue 04/23
In issue 4 for the Hannover Messe, we present the winners of the "Products of the Year 2023" readers' poll. Also in the magazine: the focus topic of intralogistics at Logimat.
read more...With a focus on sustainability
The e-paper of issue 01/02
The climate crisis is omnipresent and everyone must make their contribution to greater sustainability. If there are many opportunities to save resources in the private sphere, what contribution can companies make? Assessments and models in the new...
read more...Robert Franz is the new CEO
SVS-Vistek founder and CEO Walter Denk has retired from operational business at the end of 2023. Robert Franz took over as CEO on January 1.
read more...SWIR hyperspectral camera for industrial high-speed inspection
Teledyne Dalsa launches 'Kaleido', a hyperspectral camera for use in the shortwave infrared (SWIR) range, designed to overcome the existing integration and performance limitations of industrial sorting processes.
read more...Machine vision industry expects turnaround in 2026
After difficult years, the European machine vision industry is sending out the first signs of recovery: growth is expected again in 2026 - driven by global demand, AI and automation. However, uncertainties and weak investment in Europe continue to...
read more...Basler and Orbbec launch Technology Partnership
Basler, a provider of machine vision components and solutions, and Orbbec, a specialist in 3D vision technology and robotics, have announced a strategic partnership to implement industrial 3D solutions for factory and logistics automation.
read more...For critical tasks in logistics automation
The Cognex 'Solutions Experience (SLX)' product range comprises application-specific solutions for critical automation tasks in key industrial sectors.
read more...IDS and Prophesee intensify partnership
IDS and Prophesee are intensifying their partnership for the next generation of event-based industrial cameras. Together they want to explore new sensor architectures that combine classic imaging with Prophesee's event-based 'Metavision' technology.
read more...