Market Update: TKH Acquires Euresys in Strategic Expansion
The technology landscape continues to evolve, with key players making moves that shape the future of machine vision. On May 9, 2023, TKH Group NV, a prominent figure in innovative hardware solutions, announced the acquisition of Euresys, a leading software-driven company specializing in image and video analysis.
This strategic partnership brings together two technological powerhouses. Euresys, known for its cutting-edge frame grabbers—devices that capture camera images for processing on PC systems—and machine vision software, will now operate as part of TKH’s Smart Vision Systems segment.
Why This Matters
TKH’s CEO emphasized the acquisition aligns with their Accelerate 2025 strategy. “Euresys technology complements our existing Machine Vision technologies and adds strong software expertise,” said Alexander van der Lof, reinforcing that this move will enhance TKH’s competitive edge in computer vision, factory automation, medical imaging, and more.
For Euresys CEO Marc Damhaut, the integration is a natural fit: “Joining TKH allows us to combine strengths with complementary technologies and expand our global reach.”
Key Details
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Euresys Overview: With 82 employees (50% in R&D), operations across Belgium, Germany, US, Japan, Singapore, and China. Turnover of €27 million in 2022.
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Acquisition Status: Funded from TKH’s existing resources; transaction closed without regulatory approval.
Looking Ahead
Analysts expect this acquisition to positively impact TKH’s earnings per share for 2023. As the machine vision industry consolidates, such moves underscore the importance of integrating hardware and software innovation—something TKH is now poised to lead with Euresys’s expertise.
For more details, reach out to: Jacqueline Lenterman Investor Relations [email protected]
Last Updated: 2025-09-05 02:59:55