Coherent Announces the Completion of Divestiture of Hull, England Operations

SANTA CLARA, Calif., Oct. 12, 2017 /PRNewswire/ -- Coherent, Inc. (NASDAQ: COHR) today announced that on October 11, 2017 it completed the divestiture of its Hull, England operations by way of the sale of its subsidiary, Rofin-Sinar UK Ltd. to CMR GmbH, an investment company based in Austria. The Hull operations had been held separate pursuant to commitments made to the European Commission arising from the acquisition of Rofin-Sinar Technologies, Inc. in November, 2016.

Founded in 1966, Coherent, Inc. is one of the world's leading providers of lasers and laser-based technology for scientific, commercial and industrial customers. Our common stock is listed on the Nasdaq Global Select Market and is part of the Russell 1000 and Standard & Poor's MidCap 400 Index. For more information about Coherent, visit the company's website at http://www.coherent.com for product and financial updates.

SOURCE Coherent, Inc.

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