News

FPI inks overseas deal to enhance position in environmental monitoring industry

2012-06-16

June 12, Focused Photonics Inc. announced that it had inked an equity purchase agreement with Dutch company Spec Holding B.V. and Bohnen Beheeer, which FPI purchased 75% of Bohnen Beheeer B.V’s stock equity with 3.9375 million euros . After the deal, FPI would have a controlling stake in Synspec B.V., which is 100 percent owned by Spec. It will help FPI enhance the high-end market ability and expand the international market gradually through the leading technology, product, brand and channel of Spec Holding B.V in the environmental monitoring field.