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

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Subject: [Leica] Leica purchases Sinar
From: wrs111445 at yahoo.com (Bill Smith)
Date: Mon Sep 25 09:23:55 2006

Jeffery:
   
  Just think--an M8 and a couple of lenses would be over $25,000. That's 
true Republican trickle- down economics for you.
   
  Bill

Jeffery Smith <jsmith342@cox.net> wrote:
  Ah, I must have been thinking of the Sinar 40mm wide angle for $ 
11,079.95. 
--
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.
> See http://leica-users.org/mailman/listinfo/lug for more information


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In reply to: Message from jsmith342 at cox.net (Jeffery Smith) ([Leica] Leica purchases Sinar)