Edmund Optics (EO), a supplier of optical components, announces the complete acquisition of ITOS GmbH in Mainz. After realizing the first equity investment earlier in 2017, the acquisition will be completed by January 1, 2018 and ITOS GmbH will be a 100% subsidiary of Edmund Optics Inc. as of January 1, 2018 and will function as "ITOS - A Division of Edmund Optics".
The ITOS-Gesellschaft für Technische Optik mbH has been producing optical components since 1993, including filters and polarizers. With currently 24 employees and more than 700 customers, ITOS is a successful company and for Edmund Optics the ideal complement to the existing product portfolio. The product range of ITOS will be perspectively expanded and integrated into the global sales activities of Edmund Optics. At the same time, this investment strengthens Edmund Optics' presence in Europe and forms the basis for expanding a manufacturing base within the region to serve European customers even better.
ITOS has been a competent industry partner for technical optics since 1993 providing solutions and delivering components meeting its customer's requirements. With more than 700 customers and a wide portfolio of products ITOS has developed strong competence in the field of optical filters, polarizers and display components and worked as a sales partner for SCHOTT AG in Mainz since 1995.