Carlyle to acquire Czech optics maker Meopta

PRAGUE: Investment group Carlyle has agreed to acquire Czech optical manufacturer Meopta Optika, the companies said on Wednesday.

Terms of the deal were not disclosed.

Meopta’s owners, the Rausnitz family, will retain an undisclosed minority stake, the joint statement said.

On Monday, Czech newspaper Hospodarske Noviny reported Carlyle had agreed to pay nearly 700 million euros ($770.56 million) for Meopta.

The company makes optical and optoelectronic systems for semiconductor, medical, and industrial uses, as well as for defence applications. The 90-year-old firm employs over 1,700.