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The growth of the past and the associated expansion of international business have culminated in the restructuring of the company group this past year: The operational business of the former LASER COMPONENTS GmbH was transferred to the newly founded LASER COMPONENTS Germany GmbH. Under the name Photona GmbH, the previous company will continue as an umbrella organization. In addition to investment management, important core competencies are also bundled there, which ensure harmonized standards within the group. This means that services of the highest standard can be provided worldwide, which smaller subsidiaries would not be able to handle on their own. The new structure also makes it easier to acquire new companies or technologies. They can be integrated more easily into the existing group of companies and benefit more quickly from its organizational strengths. In keeping with the 40-year tradition, the entire group of companies will continue to be led by Patrick Paul, who is the CEO of both Photona GmbH and LASER COMPONENTS Germany GmbH.