# Keopsys and Quantel Groups combine to form laser champion

Shareholders approved the business combination of Keopsys and Quantel Groups, creating a new European laser group with over €80 million in revenue and more than 400 employees.

- Type: Acquisition
- Announced: 2017-10-06
- Where: Lannion, France, France
- Status: completed
- Products: lasers, fiber lasers, bulk lasers
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Keopsys](https://endata.com/companies/17739.md) (target)
- [Quantel](https://endata.com/companies/17740.md) (acquirer)

## Sources

- [keopsys.com](https://www.keopsys.com/2017/10/09/keopsys-and-quantel-groups-together/), 2017-10-09: "I would like to thank the shareholders for their support for this business combination."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.