Carl Zeiss Optronics becomes Cassidian Optronics
Executing a deal signed in July, Cassidian has now acquired a majority shareholding in what was previously Carl Zeiss Optronics GmbH from Carl Zeiss AG.
All of the optical and optronic activities previously carried out by Carl Zeiss Optronics GmbH are to be continued under the name of “Cassidian Optronics GmbH”. This includes also the South African subsidiary Carl Zeiss Optronics (Pty) Ltd. soon trading under “Cassidian Optronics (Pty) Ltd.”.
Bernhard Gerwert, CEO of Cassidian, said: “Carl Zeiss Optronics represents a valuable addition to our existing capabilities in the field of sensors. In coming years, this will enable us to offer complete sensor solutions to customers around the world, supplying everything required ourselves.”
For Cassidian, the acquisition of this part of Carl Zeiss AG is a strategic addition to its existing product portfolio. Cassidian Optronics will exploit Cassidian’s global sales channels and its know-how. Both partners expect that the combination of market access and the integration into Cassidian’s systems and platform business will open up new business opportunities.
Cassidian now holds a 75.1 % stake in the new company, which has its headquarters in Oberkochen, Germany, while Carl Zeiss AG holds 24.9 %. The company will be integrated into Cassidian’s “Sensors & Electronic Warfare” business line.