When SHS invested in CryLas in 2002, the business had spun out of an East German electronics factory, was producing optical components and was in the early stages of developing solid state lasers. Shortly after investment, the company lost the lead US customer.
However, within two years of investing, SHS had restructured the company and over the next few years, SHS supported the company’s expansion plans by investing in new product development and acquiring other German laser businesses. In 2007, the company’s focus on high quality led to a Technology Award of the Defence Industry. With SHS’s help for over 15 years, CryLas has become a fast-growing laser/photonics company integrating optical components, laser and laser systems for the biotechnology, semiconductor, analytics and other sectors.
CryLas Photonics Group
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