On October 18, 2016, ESIRA, the KEOPSYS Group holding company, acquired 93.8% of the capital of EURODYNE , which holds 1,184,513 QUANTEL shares and 1,928,579 voting rights, representing 14.6% of the capital and 21.3% of the voting rights of QUANTEL S.A.. The remaining balance, representing 6.2% of EURODYNE’s capital, is subject to a reciprocal sales agreement with ESIRA.



Quantel is one of the world’s leading specialists in laser technology for scientific (laboratories and universities), industrial (marking) and medical (ophthalmology) markets. With a presence in France and the US, the Quantel Group achieved in 2015 a turnover of 62 M€, of which over 65% abroad. Quantel shares are listed on the Euronext Paris C Compartment. (FR0000038242 – QUA).

As part of this equity investment, ESIRA wants to establish an industrial and commercial partnership with Quantel in order to develop all possible synergies, aiming at establishing a leading global player in optronics and photonics.

Alain de Salaberry, presently Chairman and Chief Executive Officer of QUANTEL S.A., will be resigning from his positions within the company. Mr Christian Moretti, Mr Patrick Schoenahl and Mr Ghislain du Jeu have also indicated that they will resign from their positions as directors of QUANTEL S.A. at the same time as Alain de Salaberry’s resignation. Following these resignations, ESIRA intends to ask for two directors to be coopted, including Marc Le Flohic, ESIRA’s current Chairman, as Chairman and Chief Executive Officer of QUANTEL S.A. and to appoint a new permanent representative of EURODYNE to the Board of Directors, in replacement of Florent de Salaberry, also resigning. Following these changes, the Board of Directors will consist of six members instead of eight previously.

In this context, Marc le Flohic will rely on Laurent Schneider-Maunoury, General Manager, while Alain de Salaberry will provide support as an advisor.

Following the takeover of EURODYNE, ESIRA indirectly crossed the thresholds of 10% of share capital and 20% of voting rights of QUANTEL and will proceed with the required notification of significant holdings and statement of intent within the legal timeframe. Such notification and statement of intent will be published on the AMF website (

ESIRA already indicates that for the next six months, it does not plan to increase its stake in QUANTEL S.A. beyond the threshold that would trigger a mandatory tender offer, nor take control of QUANTEL S.A..


About ESIRA and KEOPSYS group

Esira, holding company of KEOPSYS group, is a simplified joint stock company with a capital of 2,843,400 euros, registered in Saint-Brieuc under number 533 467 841, having its registered office 7 bis route du Golf – Lan Kerenoc, 22560 Pleumeur Bodou.

Based in Lannion, France, the KEOPSYS group is made up primarily of KEOPSYS, LEA PHOTONICS and SENSUP, which are all fully owned by ESIRA and specialized in designing and marketing fiber lasers and integrated fiber laser systems for scientific, industrial and military applications.

With around 100 employees, the KEOPSYS group recorded revenues of approximately €16.2 million and net income of around €2.2 million in 2015.

In the first half of 2016, revenues of KEOPSYS group was approximately € 8.3 million and net income came to approximately € 0.8 million.

At June 30, 2016, the KEOPSYS group cash position was about € 3.9 million. With a financial debt of € 7,8 million, the Group’s net debt at the end of the first half of 2016 was approximately € 3.9 million.