SVS-Vistek has been bought by TKH Group, which owns Allied Vision, Chromasens, Mikrotron, NET and Tattile.
The acquisition, which closed on the 12 September, adds further machine vision capabilities to TKH after it bought Lakesight Technologies – a conglomerate formed of Chromasens, Mikrotron, and Tattile – at the end of 2018.
Based in Seefeld, Germany, SVS-Vistek has 60 employees and an annual turnover of €20 million. The firm primarily serves the industrial markets, offering machine vision solutions for inspection, measurement and process control for end markets including flat panel display, semiconductor, electronics, automotive and intelligent traffic systems.
TKH has turnover of €1.6 billion and EBITA of €185 million. The Netherlands-based firm provides technology in high growth markets in the business segments of telecom, building, and industrial solutions.
SVS-Vistek will be part of TKH’s sub-segment vision and security systems, within the business segment building solutions.
Peter Tix, head of the TKH cluster, commented: ‘Our goal is to become the go-to address for anyone facing complex vision challenges. With our six sister companies, we cover a scope of expertise that is second to none in the industry with line scan, area scan, high-speed, high-resolution, infrared, and many more technologies. We serve a large array of applications ranging from embedded vision modules to industrial, medical, and scientific imaging as well as traffic monitoring solutions.’
TKH says the companies in the vision cluster will further deepen their collaboration on technology, manufacturing, logistics and sales channel, as well as back-office services towards integrated structures.
