Closing acquisition of Lakesight Technologies by TKH

Following the press release of 16 October 2018, TKH Group NV (“TKH“) announces the closing of the acquisition of Lakesight Technologies ("Lakesight"), a global vision technology company providing innovative high-end technologies for imaging systems.

Lakesight, with its headquarters in Germany, consists of three operating entities: Chromasens GmbH (Germany), Mikrotron GmbH (Germany) and Tattile Srl (Italy). With 169 employees, Lakesight realises an annual turnover of about € 45 million.

TKH has acquired 100% of the shares of Lakesight. The activities of Lakesight will strengthen TKH’s sub-segment vision & security in the business segment Building Solutions and will contribute to the earnings per share of TKH as from 2019.