Materion completes acquisition of thin-film optical-coatings company
Monday, 20 July 2020 ()
Materion Corp. has completed the acquisition of a European company that helps driverless cars stay on course. Materion (NYSE: MTRN), a company some may remember as Brush Engineered Materials, acquired Optics Balzers AG, an industry leader in thin-film optical coatings based in Balzars, Liechtenstein, for $160 million. The combination of Materion and Optics Balzers creates an optical thin-film coating business with a highly complementary geographic, product and end-market portfolio, Materion said…