{"id":77926,"date":"2021-09-01T09:00:08","date_gmt":"2021-09-01T09:00:08","guid":{"rendered":"https:\/\/lumenis.dev.onpressidium.com\/?page_id=77926"},"modified":"2022-06-30T14:41:51","modified_gmt":"2022-06-30T14:41:51","slug":"lumenis-and-baring-private-equity-asia-to-accelerate-investment-in-aesthetics-and-vision-verticals-following-the-strategic-sale-of-lumenis-surgical-for-1-07b","status":"publish","type":"page","link":"https:\/\/lumenis.com\/news\/lumenis-and-baring-private-equity-asia-to-accelerate-investment-in-aesthetics-and-vision-verticals-following-the-strategic-sale-of-lumenis-surgical-for-1-07b\/","title":{"rendered":"Lumenis and Baring Private Equity Asia to Accelerate Investment in Aesthetics and Vision Verticals Following the Strategic Sale of Lumenis Surgical for $1.07B"},"content":{"rendered":"<div class=\"wpb-content-wrapper\"><div class=\"vc_row wpb_row vc_row-fluid vc_custom_1630410201585 vc_column-gap-30 mpc-row\"><div class=\"wpb_column vc_column_container vc_col-sm-12 vc_col-lg-8 vc_col-md-8 mpc-column\" data-column-id=\"mpc_column-6565b79fe3b5808\"><div class=\"vc_column-inner\"><div class=\"wpb_wrapper\">\n\t<div class=\"wpb_text_column wpb_content_element  vc_custom_1630414480896 medium-heading surgical-color\">\n\t\t<div class=\"wpb_wrapper\">\n\t\t\t<h1 style=\"text-align: left;\"><span style=\"color: #142846; font-size: 32px;\">Lumenis and Baring Private Equity Asia to Accelerate Investment in Aesthetics and Vision Verticals Following the Strategic Sale of Lumenis Surgical for $1.07B<\/span><\/h1>\n\n\t\t<\/div>\n\t<\/div>\n<div class=\"vc_row wpb_row vc_inner vc_row-fluid mpc-row\"><div class=\"wpb_column vc_column_container vc_col-sm-12 vc_hidden-lg vc_hidden-md vc_hidden-sm mpc-column\" data-column-id=\"mpc_column-2765b79fe3b5521\"><div class=\"vc_column-inner\"><div class=\"wpb_wrapper\">\n\t<div class=\"wpb_single_image wpb_content_element vc_align_left  vc_custom_1597571782389\">\n\t\t\n\t\t<figure class=\"wpb_wrapper vc_figure\">\n\t\t\t<div class=\"vc_single_image-wrapper vc_box_outline  vc_box_border_grey\"><img width=\"640\" height=\"360\" src=\"https:\/\/lumenis.com\/wp-content\/uploads\/2021\/09\/AcquiredLumenisSergical-no-button-640X360.png\" class=\"vc_single_image-img attachment-full\" alt=\"\" decoding=\"async\" title=\"AcquiredLumenisSergical-no-button-640X360\" loading=\"lazy\" srcset=\"https:\/\/lumenis.com\/wp-content\/uploads\/2021\/09\/AcquiredLumenisSergical-no-button-640X360.png 640w, https:\/\/lumenis.com\/wp-content\/uploads\/2021\/09\/AcquiredLumenisSergical-no-button-640X360-300x169.png 300w, https:\/\/lumenis.com\/wp-content\/uploads\/2021\/09\/AcquiredLumenisSergical-no-button-640X360-610x343.png 610w, https:\/\/lumenis.com\/wp-content\/uploads\/2021\/09\/AcquiredLumenisSergical-no-button-640X360-100x56.png 100w\" sizes=\"(max-width: 640px) 100vw, 640px\"><\/div>\n\t\t<\/figure>\n\t<\/div>\n<\/div><\/div><\/div><\/div>\n\t<div class=\"wpb_text_column wpb_content_element \">\n\t\t<div class=\"wpb_wrapper\">\n\t\t\t<ul>\n<li><span style=\"font-size: 20px;\">Strong investment in R&amp;D, new business, global sales, and employees<\/span><\/li>\n<li><span style=\"font-size: 20px;\">&ldquo;Exciting move toward a bright future&rdquo; for a leader in dual market domains<\/span><\/li>\n<\/ul>\n\n\t\t<\/div>\n\t<\/div>\n<\/div><\/div><\/div><div class=\"wpb_column vc_column_container vc_col-sm-12 vc_col-lg-4 vc_col-md-4 vc_hidden-xs mpc-column\" data-column-id=\"mpc_column-4665b79fe3b5c42\"><div class=\"vc_column-inner\"><div class=\"wpb_wrapper\">\n\t<div class=\"wpb_single_image wpb_content_element vc_align_left\">\n\t\t\n\t\t<figure class=\"wpb_wrapper vc_figure\">\n\t\t\t<div class=\"vc_single_image-wrapper vc_box_outline  vc_box_border_grey\"><img width=\"640\" height=\"360\" src=\"https:\/\/lumenis.com\/wp-content\/uploads\/2021\/09\/AcquiredLumenisSergical-no-button-640X360.png\" class=\"vc_single_image-img attachment-full\" alt=\"\" decoding=\"async\" title=\"AcquiredLumenisSergical-no-button-640X360\" loading=\"lazy\" srcset=\"https:\/\/lumenis.com\/wp-content\/uploads\/2021\/09\/AcquiredLumenisSergical-no-button-640X360.png 640w, https:\/\/lumenis.com\/wp-content\/uploads\/2021\/09\/AcquiredLumenisSergical-no-button-640X360-300x169.png 300w, https:\/\/lumenis.com\/wp-content\/uploads\/2021\/09\/AcquiredLumenisSergical-no-button-640X360-610x343.png 610w, https:\/\/lumenis.com\/wp-content\/uploads\/2021\/09\/AcquiredLumenisSergical-no-button-640X360-100x56.png 100w\" sizes=\"(max-width: 640px) 100vw, 640px\"><\/div>\n\t\t<\/figure>\n\t<\/div>\n<\/div><\/div><\/div><\/div><div class=\"vc_row wpb_row vc_row-fluid mpc-row\"><div class=\"wpb_column vc_column_container vc_col-sm-12 mpc-column\" data-column-id=\"mpc_column-4465b79fe3b6ce0\"><div class=\"vc_column-inner\"><div class=\"wpb_wrapper\">\n\t<div class=\"wpb_text_column wpb_content_element  vc_custom_1630425031701\">\n\t\t<div class=\"wpb_wrapper\">\n\t\t\t<p><strong>September 1<sup>st<\/sup>, 2021 &ndash; Israel and Hong Kong &ndash; <\/strong> <a href=\"\/\" rel=\"noopener\">Lumenis<\/a>, a global leader in energy-based medical devices for minimally invasive aesthetic and vision applications, announced today the completion of the sale of its Surgical business to Boston Scientific Corporation, a leading global medical device manufacturer, in a transaction valued at $1.07B.<\/p>\n\n\t\t<\/div>\n\t<\/div>\n\n\t<div class=\"wpb_text_column wpb_content_element  vc_custom_1630421271628\">\n\t\t<div class=\"wpb_wrapper\">\n\t\t\t<p>Lumenis will refocus and accelerate planned investments to support the development of its fast-growing Aesthetic and Vision businesses, emphasizing R&amp;D, global sales and marketing channels, and business development activities.<\/p>\n<p>&ldquo;After the strategic sale of Lumenis Surgical, we now have a mission to move Lumenis forward in the Aesthetics and Vision markets through strong investment in Lumenis&rsquo; gold-standard technologies, innovation and employees,&rdquo; said BPEA Managing Director Yan Jiao. &ldquo;BPEA is looking ahead not only to expanding Lumenis&rsquo; existing capabilities but also to pursuing new strategic growth opportunities.&rdquo;<\/p>\n<p>&ldquo;Completion of this deal and transfer of the Surgical business to Boston Scientific &ndash; including its robust product portfolio, global team, and the Israeli surgical laser center of excellence &ndash; represents a major milestone and a testament to the outstanding work of the Surgical team. Today signals an exciting move toward a bright future for everyone here at Lumenis,&rdquo; commented Lumenis CEO Tzipi Ozer-Armon.<\/p>\n<p>&ldquo;We have developed and introduced multiple groundbreaking technological solutions for Aesthetics and Vision that have redefined our industry and opened entirely new market segments. We now look towards building on this success by accelerating the expansion of our <a href=\"\/aesthetics\/treatments\/\">Aesthetics<\/a> and <a href=\"\/vision\/homepage\/\">Vision<\/a> businesses. We will also be investing in and growing our exceptional global teams, who have made innovation and market leadership our company&rsquo;s defining traits.&rdquo;<\/p>\n<p>Added Ozer-Armon, &ldquo;Lumenis remains as committed as ever to the premium level of quality, service, and excellence that our Aesthetics and Vision customers, partners, and patients have come to expect. In the months and years to come, we plan to significantly increase our investment in these domains and build upon our gold-standard portfolio of solutions through the introduction of new and innovative products, services, and digital capabilities.&rdquo;<\/p>\n<p>With a legacy spanning over 50 years in the Aesthetic and Vision domains, Lumenis is an undisputed leader. Lumenis, now more than ever, has a vast portfolio of products that offer exceptional solutions to address multiple evolving needs of physicians and patients.<\/p>\n<p>To learn more about Lumenis and explore careers, visit <a href=\"\/\">www.lumenis.com<\/a>.<\/p>\n\n\t\t<\/div>\n\t<\/div>\n\n\t<div class=\"wpb_text_column wpb_content_element  vc_custom_1630421279686\">\n\t\t<div class=\"wpb_wrapper\">\n\t\t\t<p><strong>About Lumenis<\/strong><br>\n<a href=\"\/\">www.lumenis.com<\/a><br>\nLumenis is a premier global inventor and manufacturer of energy-based medical devices for minimally invasive aesthetic and vision applications. Regarded as a world-renowned expert in developing and commercializing innovative energy-based technologies, including intense pulsed light (IPL), Lumenis has introduced groundbreaking products, redefined medical treatments and set numerous technological and clinical gold standards for nearly 50 years. Lumenis has created solutions for previously untreatable conditions, as well as designed advanced technologies that revolutionized existing treatment methods.<\/p>\n\n\t\t<\/div>\n\t<\/div>\n<\/div><\/div><\/div><\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>Lumenis will refocus and accelerate planned investments to support the development of its fast-growing Aesthetic and Vision businesses, emphasizing R&#038;D, global sales and marketing channels, and business development activities.<\/p>\n","protected":false},"author":70,"featured_media":71479,"parent":4646,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"template-blank-4.php","meta":{"footnotes":"","_expiration-date-status":"","_expiration-date":0,"_expiration-date-type":"","_expiration-date-categories":[],"_expiration-date-options":[]},"categories":[],"tags":[],"corporate-category":[116],"corporate-tag":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.9.1 - 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