# Materion to acquire Optics Balzers

Materion Corporation has entered into a definitive agreement to acquire Optics Balzers AG, a leader in thin film optical coatings. The transaction values Optics Balzers at 12x trailing EBITDA and is expected to close in Q3 2020.

- Type: Acquisition
- Announced: 2020-06-08
- Status: announced
- Products: thin film optical coatings
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Materion Corp](https://endata.com/companies/29184.md) (acquirer)
- [Optics Balzers AG](https://endata.com/companies/47740.md) (target)

## Sources

- [investor.materion.com](https://investor.materion.com/news/news-details/2020/Materion-Corporation-to-Acquire-Optics-Balzers/default.aspx), 2020-06-08: "Materion Corporation today announced it has entered into a definitive agreement to acquire Optics Balzers, AG, an industry leader in thin film optical coatings."
- [laserfocusworld.com](https://www.laserfocusworld.com/executive-forum/article/14177362/expanding-reach-in-optical-coatings-market-materion-acquires-optics-balzers), 2020-06-08: "On June 8, 2020, optical coatings maker Materion entered into a definitive agreement to acquire Optics Balzers."

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