Photonis Group in its agreement to acquire Telops

Photonis Group
Key Contact
Hugo-Pierre Gagnon

Partner, Corporate, Montréal

Team
Shahir Guindi, Ad. E.

Former National Co-Chair, Partner, Corporate, Montréal

Daniel Stysis

Associate, Corporate, Montréal

Michelle Lally

Partner, Competition/Antitrust and Foreign Investment, Toronto

Chelsea Rubin

Associate, Competition, Trade & Foreign Investment, Toronto

Sam Ip

Partner, Technology, Toronto

Arsalan Ahmed

Associate, Technology, Toronto

Julien Ranger

Partner, Pensions and Benefits, Montréal

Jeremy Perron

Associate, Pensions and Benefits, Montréal

Jean-Philippe Dionne

Associate, Tax, Montréal

Alain Fournier

Partner, Tax, Montréal

 

On April 11, 2023, Photonis announced that it entered into an agreement to acquire Telops. Through this acquisition, Photonis plans to expand their technical expertise with the addition of hyperspectral capabilities to their portfolio. The combined business will offer unique high-end imaging products to clients. The transaction is expected to be finalized in the coming weeks. Terms of the transaction are not being disclosed and are pending customary clearances and approvals.

Photonis Group creates highly differentiated technology for industrial markets.

Telops, based in Québec City is an infrared imaging company that manufactures high-performance hyperspectral imaging systems and infrared cameras for research labs and international customers.

Osler, Hoskin & Harcourt LLP advised Photonis Group with a led by team Hugo-Pierre Gagnon and Shahir Guindi consisting of Daniel Stysis (Corporate), Michelle Lally, Chelsea Rubin (Competition & Antitrust), Sam Ip, Araslan Ahmed (Technology), Julien Ranger, Jeremy Perron (Employment & Benefits), Alain Fournier and Jean-Philippe Dionne (Tax).

Value
-
Date Closed
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Lead Office
Toronto
Key Contact
Hugo-Pierre Gagnon

Partner, Corporate, Montréal

Team
Shahir Guindi, Ad. E.

Former National Co-Chair, Partner, Corporate, Montréal

Daniel Stysis

Associate, Corporate, Montréal

Michelle Lally

Partner, Competition/Antitrust and Foreign Investment, Toronto

Chelsea Rubin

Associate, Competition, Trade & Foreign Investment, Toronto

Sam Ip

Partner, Technology, Toronto

Arsalan Ahmed

Associate, Technology, Toronto

Julien Ranger

Partner, Pensions and Benefits, Montréal

Jeremy Perron

Associate, Pensions and Benefits, Montréal

Jean-Philippe Dionne

Associate, Tax, Montréal

Alain Fournier

Partner, Tax, Montréal