IPG Photonics announces agreement to acquire CleanLASER

IPG Photonics (IPGP) announced that it has signed a definitive agreement to acquire Clean-Lasersysteme, cleanLASER, a leader in laser cleaning systems. The transaction strengthens IPG’s global position in high-precision laser systems for cleaning applications, an attractive growth market. Subject to satisfaction of customary closing conditions, including regulatory approval, the transaction is expected to close in the fourth quarter of 2024.