Addtronics, a consolidator of niche automation technology and solution providers for the life sciences and other industries, announced that it has acquired DAC International, a manufacturer of precision equipment for contact lens and intraocular lens (IOL) production.
Located in Carpinteria, California, DAC specializes in designing, building, and supporting equipment throughout both the contact and intra ocular lens industries.
Ken Payne, President of DAC, will continue to lead the organization and work closely with the Addtronics leadership team.
"We are excited to join the Addtronics team. Their focus on supporting specialized automation businesses is a perfect match for DAC. This partnership will enable us to expand our capabilities, invest in innovation, and continue to provide outstanding equipment and services to our customers throughout the contact and intraocular industries," said Payne.
"We are excited to welcome DAC International to Addtronics. Ken and his team have built a world-class organization that is trusted across the ophthalmic manufacturing industry. DAC's position as the market leader in ultra-precision ophthalmic manufacturing equipment as well as their commitment to customer success align perfectly with our mission to support and grow high-quality, niche automation solutions businesses," said Max Katzenstein, Executive Chairman of Addtronics.
