Exosens in its acquisition of LR Tech

On September 2, 2024, Exosens announced its acquisition of LR Tech, through its Canadian subsidiary, Telops.

This acquisition will allow for Exosens to consolidate its position in instrumentation adding FTIR spectroradiometers for high-end detectors and imagers with a focus on science and environmental markets. This acquisition is a new milestone marking another strategic step in establishing Exosens’ position as a tech platform accelerating growth and as one of the leaders in the detection and imaging markets it targets.

Exosens operates as a high-tech company that is driven to provide performance-critical amplification, detection and imaging technology. Exosens is listed on compartment A of the regulated market of Euronext Paris (Ticker: EXENS – ISIN: FR001400Q9V2) and is a member of Euronext Tech Leaders segment.

Telops is a high-tech company offering state-of-the-art scientific infrared cameras used in world-class research organizations world-wide to address several applications in experimental mechanics, combustion studies, remote sensing of gases and others.

LR operates as a specialist developer and manufacturer of Fourier Transform Infra-Red (FTIR) devices. Osler, Hoskin & Harcourt LLP advised Exosens with a team consisting of Hugo-Pierre Gagnon, Samuel Cantin, Tristan Bigand-Mussel (Corporate), Sandra Sbrocchi (Osler Works – Transactional), Julien Ranger (Pension and Benefits), Gabrielle Cournoyer (Labour and Employment) and Jacob Mantle (International Trade).