Archived posting to the Leica Users Group, 2006/09/25

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Subject: [Leica] Leica purchases Sinar
From: jsmith342 at cox.net (Jeffery Smith)
Date: Mon Sep 25 09:10:20 2006

Has anyone ever heard of someone who is filthy rich enough to buy a Sinar M? 
Isn't their "normal" lens about $8,000?
--
Jeffery

---- lucien_vd@mac.com wrote: 
> Leica Camera takes over majority of shares of Sinar AG
> 
> 
> Leica Camera AG, Solms, takes over 51% of the shares of Sinar AG,  
> Feuerthalen/Switzerland, from JENOPTIK Laser, Optik, Systeme GmbH,  
> Jena ("JENOPTIK"). JENOPTIK and Leica Camera AG have signed  
> corresponding acquisition and transfer contracts on September 25,  
> 2006. Confidentiality was agreed concerning the transfer price.
> 
> The existing technical cooperation between JENOPTIK and Sinar AG  
> concerning digital camera backs will be continued.
> 
> Sinar AG serves professional photographers with leading solutions in  
> medium and large format cameras, both with analogue and digital  
> technology. Leica Camera AG will continue and develop the Sinar  
> business with the Sinar brand and company structure, based on the  
> shared values of excellence and innovation.
> 
> Both companies will benefit from synergies in technical collaboration  
> as well as marketing and sales. Leica Camera AG is confident that the  
> acquisition will bring positive developments for customers, employees  
> as well as shareholders of both companies. This is a first step on  
> the strategic path towards growing the business of Leica Camera AG
> 
> _______________________________________________
> Leica Users Group.
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Replies: Reply from leicachris at worldnet.att.net (Christopher Williams) ([Leica] Re: Leica purchases Sinar)
Reply from crgrbrts at verizon.net (Craig Roberts) ([Leica] Leica purchases Sinar)