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IPG Photonics Corporation has entered into a binding offer to acquire Lumibird Medical for a purchase price of €300 million on a cash-free, debt-free basis, with an additional contingent earnout of up to €50 million. The acquisition is expected to create a scaled medical laser platform and be accretive to gross margin, EBITDA, and adjusted EPS.
“IPG Photonics Corporation today announced that it has entered into a binding offer to acquire Lumibird Medical.”investor.ipgphotonics.com
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