Cobolt AB has been acquired by Hübner GmbH & Co KG

SEB Venture Capital, Industrifonde, a leading Nordic financial services group, has sold Cobolt AB to Hübner GmbH & Co KG. Financial details have not been disclosed.

Cobolt develops, manufactures and supplies diode-pumped and direct-diode laser modules and provides a broad range of market-adapted high performance laser products built on wavelength flexible, power-scalable and robust technology platforms, for use in OEM and scientific applications in the markets of analytical instrumentation, test and measurement and in-line process control.

Headquartered in Kassel, Germany. Hübner is a system supplier for the transportation industry. In 2006, the corporation entered new technology markets in the fields of photonics, terahertz and high-frequency electronics. It serves bus, airport technology, passenger cars and commercial vehicles, rail, medical technology, life quality, public security, and photonics industries. Hübner has 2,400 employees.

Oaklins' team in Sweden advised the seller in this transaction.