- On 21 Dec 2023, NanoFilm's announced the acquisition of German-incorporated AxynTeC Dünnschichttechnik GmbH (AxynTeC).
About AxynTeC
- AxynTeC is a professional thin-film coating solutions provider based in Augsburg, Germany. AxynTeC also has expertise in pulsed laser deposition, and provides services such as contract manufacturing, engineering development and supply of coating equipment.
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Enter the EU market more swiftly
- NanoFilm sees AxynTeC’s proprietary Diamond-Like Carbon (DLC) equipment and DLC advanced materials as being complementary to its Physical Vapour Deposition (PVD) equipment and coating portfolio.
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Aiming for bigger Europe presence
- According to NanoFilm's press release issued on 21 Dec 2023, NanoFilm has set up a European entity, Nanofilm Technologies Europe BV, in the Netherlands to accelerate the group’s growth and to better serve its customers in Europe. It is pursuing various options to further expand its business in Europe.
Smart watch patent dispute another hurdle to FY24F performance
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