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Meridian announces the acquisition of Ophthall


MERIDIAN, the Swiss manufacturer for lasers in the field of ophthalmology is pleased to announce today that it has acquired OPHTHALL, an ophthalmic laser manufacturer in Slovenia, specialized in developing optical and laser solutions for medical applications. This acquisition comes after the purchase of VALON Lasers, the Finish manufacturer of best in class multisport lasers early last year.

OPHTHALL is a privately-owned company with more than 20 years of experiences in ophthalmic laser technology. The acquisition enhances MERIDIAN's footprint in the medical laser industry.

"The acquisition OPHTHALL will strengthen MERIDIANs capabilities in R & D and manufacturing," Eric Odenheimer, CEO of MERIDIAN, said. "With this acquisition, we look forward to gaining greater control and resources both in R & D and manu

facturing while continuing to provide exceptional quality instruments to the ophthalmic laser community. OPHTHALL's t earn brings a wealth of experience and will be a great addition to our team."

"We are excited to join MERIDIAN and explore new opportunities in ophthalmic laser business," Marjan Oraler, founder and CEO of OPHTHALL, said. "We believe this partnership will support our common efforts to provide innovative solutions to our global customer base through vertical integration."

This take over will enable MERIDIAN to further strengthen its R & D expertise for medical lasers and its industrial integration with an additional ISO 13485 certified production unit based in Ljubljana, Slovenia.

The industrial, technological and commercial synergies between the three companies will make it possible to further strengthen the competitiveness of the ophthalmic lasers already

released, while accelerating the development of attractive and innovative new products.

Terms of the deal were not disclosed. The acquisition will go into immediate effect.

For more information please contact:

Dr. Eric Odenheimer

Chief Executive Officer

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