Nikon agrees to buy Optos for £260m

Tokyo-based lenses, imaging and instrument firm Nikon Corporation has agreed to buy retinal imaging company Optos for around £260m.

A statement said Optos’ directors intended to recommend unanimously that its shareholders vote in favour of the deal.

Optos chairman Dr Peter Fellner said: ‘Under the leadership of Roy Davis and the management team, Optos has successfully established itself as a global leader in retinal imaging supported by the introduction of innovative new products such as the Daytona. During this period, our share price and financial results have shown material improvement and Optos is now well placed for further growth.

‘Following the Transaction, Optos will become a key part of Nikon's future strategy to develop a global medical business and will continue to provide its market leading solutions to the patients we serve. We are therefore pleased to recommend this acquisition to our shareholders.’