In a strategic move to bolster its presence in the rapidly growing semiconductor market, Sumitomo Heavy Industries, Ltd. (SHI) today announced the completion of the acquisition of Laser Systems & Solutions of Europe SASU (LASSE), a French company specialising in cutting-edge laser annealing equipment for semiconductor manufacturing.
LASSE, located in Gennevilliers, France, was a subsidiary of SCREEN Semiconductor Solutions Co., Ltd. (SCREEN SPE) and will become a wholly owned subsidiary of SHI upon the completion of the acquisition on 17 January 2025.
This acquisition aligns with SHI's Medium-Term Management Plan 2026, which identifies the semiconductor sector as a key area for investment and growth. LASSE's advanced laser annealing technology is crucial in producing power semiconductors, a market segment experiencing significant expansion due to the rising demand for electric vehicles (EVs) and renewable energy solutions.
By integrating LASSE's expertise and technology, SHI aims to strengthen its position as a leading provider of advanced manufacturing solutions for the semiconductor industry. It will expand sales through cross-selling and integrating both companies' research and development capabilities.
The acquisition follows SHI's announcement in November 2024 about integrating its laser business within its Mechatronics Division with Sumitomo Heavy Industries Ion Technology Co. (SMIT), a wholly-owned subsidiary. That strategic move forms part of SHI’s overall global semiconductor investment and growth strategy.
Shaun Dean, Managing Director of SHI Europe and Executive Vice President of SHI, explained how the “semiconductor field” is a priority investment area of SHI’s Medium Term Plan 2026, which started in 2024.
"LASSE's strong track record in Europe and their specialised knowledge in laser annealing for power semiconductors will be invaluable as we expand our global reach and contribute to the advancement of semiconductor technology,” said Mr Dean.
“LASSE brings a wealth of experience in developing and manufacturing high-performance laser annealing equipment to SHI. Their technology is particularly well-suited for the demanding requirements of power semiconductor fabrication, enabling efficient and precise heat treatment processes essential for optimising device performance and reliability.”
He added: “Furthermore, LASSE has cultivated strong relationships with key players in the European semiconductor industry, providing SHI with access to a valuable customer base and a well-established network within this important market.
“We plan to leverage our mutually complementary relationship in sales, service, and R&D to ensure our competitive advantages in power semiconductors.”
The acquisition is expected to generate significant synergies for both companies. SHI's extensive global resources and manufacturing capabilities will enable LASSE to scale its operations and accelerate the development of new technologies.
LASSE's specialised knowledge and strong European presence will complement SHI's existing strengths and expand its market reach. By combining their respective resources and expertise, SHI and LASSE are poised to drive innovation and contribute to the future growth of the semiconductor industry.
The acquisition is the first since SHI opened a dedicated regional European headquarters in Amstelveen, Netherlands, in December 2023 to oversee more than 60 subsidiary businesses in the region.
About Sumitomo Heavy Industries, Ltd.
Sumitomo Heavy Industries, Ltd. is a global leader in the design and manufacture of a diverse range of industrial machinery and equipment, serving industries such as construction, energy, semiconductor, and materials handling. With a rich history of innovation and engineering excellence, SHI is committed to providing solutions that contribute to the advancement of society and industry.
About Laser Systems & Solutions of Europe SASU
Laser Systems & Solutions of Europe SASU is a leading provider of advanced laser annealing equipment for the semiconductor industry. Based in France, LASSE specialises in developing and manufacturing high-performance solutions that enable efficient and precise heat treatment processes for semiconductor fabrication.
For media enquiries, please contact:
Owain Betts, Corporate Communications Manager
Sumitomo Heavy Industries (Europe) B.V.
Office: +31 850 295 880 Mobile: +44 (0)7483 072 739
Email: Owain.Betts@shi-g.com
Website: www.shieurope.com