Saturday, July 22, 2023

Photonis acquires El-Mul

Photonis announces the acquisition of El-Mul, leader in ion and electron detection solutions

Mérignac, France and Rehovot, Israel – July 19, 2023
Photonis a global leader of electro-optical detection and imaging technologies for defense and industrial markets, held by HLD since 2021, is pleased to announce the acquisition of Israeli company El-Mul, a specialist developer and manufacturer of advanced charged particle detectors and devices.

By welcoming El-Mul along with Xenics, Telops and Proxivision acquired in the last eight months, Photonis Group pursues its diversification and establishes itself as the sole sizeable European technology platform providing differentiated detection and imaging solutions across the electromagnetic spectrum to a variety of high-growth end markets worldwide.

“With the acquisition of El-Mul, Photonis group will gain access to the Electron Microscopy and Semiconductor inspection markets from a strong leading position, will reinforce its technology leadership in the Mass Spectrometry market and accelerate its growth into industrial and commercial markets.” Jérôme Cerisier, CEO of Photonis Group said.

El-Mul, based in Israel with 50 employees, is a well-established technology leader in the field of detection systems for Scanning Electron Microscopes for both the Analytical and Semiconductor industries as well as the field of electron and ion optics for Mass Spectrometry, having a strong position in the worldwide high-end markets.

“El-Mul has emerged as an innovative leader in electron and ion detection with the continued support of its founders and shareholders Cheifez family since 1992. Joining Photonis Group is a real opportunity to accelerate our growth. We will benefit from the group expertise, technological and commercial base, and international reach. There are also very promising synergies between our companies in terms of market, product range and R&D. Especially new R&D co-developments should bring significant added value to our customers.” Sasha Kadyshevitch, CEO of El-Mul said.

The transaction is finalized. Terms of the transaction are not being disclosed.
Accompanied by HLD since 2021, Photonis is a high-tech company, with more than 85 years of experience in the innovation, development, manufacture and sale of technologies in the field of photo detection and imaging. Today, it offers its customers detectors and detection solutions: its power tubes, digital cameras, neutron & gamma detectors, scientific detectors and intensifier tubes allow Photonis to respond to complex issues in environments extremely demanding by offering tailor-made solutions to its customers. Thanks to its sustained and permanent investment, Photonis is internationally recognized as a major innovator in optoelectronics, with production and R&D carried out on 8 sites, in Europe and the USA and over 1200 employees.

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Since its founding in 1992, El-Mul Technologies has established itself as a leading supplier of advanced, high performance particle detectors that meet the most challenging needs of its customers. El-Mul excels in tailor-design of solutions that match customers’ requirements. Complex detection solutions which incorporate mechanical, optical and electronic components are conceived from square one through to full development, prototyping and serial manufacturing. El-Mul’s products range from traditional detection modules to state-of-the-art systems. An emphasis on innovation, confidentiality and personal service drives its business philosophy. A key strategic business goal for El-Mul is to build long-term and fruitful relationships with its customers – delivering performance, high confidence and clear value.

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