It adds that the range of products from Graphikon represents a perfect supplement to its product offering for the solar industry. Its range of customers includes such companies as Aleo, Q-Cells, Würth Solar, Solarwatt, Schott, Evergreen, Epcos or Solarworld.
In a statement, the company said: The close sales and service network of Isra – with more than 20 subsidiaries worldwide – now also forms the platform for international sales and distribution of the solutions from Graphikon. The strategic focus of the regional expansion lies in Asia, North America and South Europe. On top of that, Graphikon also supplements the product range of Isra in the glass sector with interesting applications in the field of glass tubes.
Graphikon GmbH was founded in 1990 by renowned scientist, Prof. Dr. Jürgen Saedler. A motivated team of experienced specialists from the fields of optics, sensor technology and software development develops and manufactures complete inline and offline inspection systems. Graphikon offers a modular system for inspection tasks. The new Berlin location offers for the ISRA Group not only attractive future prospects through its proximity to research institutions and political decision-makers, but traditionally is also an important gate to the markets in Eastern Europe.
Graphikon plans to achieve a total output of more than 3.5 million for this year. The acquisition price in the amount of approximately 75 percent of the current revenues also includes an earn-out and share component. Due to notable investments in product developments the company generates a marginal positive result. There is a significant potential for an increase in revenues and profits together with ISRA. For the integration a period of few months is planed. An appreciable contribution from Graphikon to the consolidated revenues and earnings of the Isra Group is expected in the new fiscal year 2010/2011.
For the fiscal year 2009/2010, which ends in September 2010, Isra assumes that the forecasts will be met. Based on the order entries of the past few weeks, it expects a moderate revenue growth to more than 60 million, combined with a minor improvement in margins compared to the last fiscal year 2008/2009.
