EQT Exits Leybold Optics

Swiss technology firm Buehler AG has bought vacuum technology specialist Leybold Optics, from EQT, the private equity firm backed by Sweden’s Wallenberg family, Reuters reported Wednesday. The value of the transaction was not disclosed.

(Reuters) – Swiss technology firm Buehler AG has bought vacuum technology specialist Leybold Optics, from EQT, the private equity firm backed by Sweden’s Wallenberg family, two people familiar with the matter said on Wednesday.

 

EQT and Buehler declined to comment.

 

The value of the transaction was not disclosed.

 

Leybold, which is based in Alzenau, Germany and has 600 employees, posted sales of 200 million euros ($267 million) in 2011.

 

For Switzerland-based Buehler the acquisition amounts to an expansion of its advanced materials division. ($1 = 0.7497 euros) (Reporting By Arno Schuetze; writing by Edward Taylor; Editing by Helen Massy-Beresford)