Press release BoxID: 197845 (Jos. Schneider Optische Werke GmbH)
  • Jos. Schneider Optische Werke GmbH
  • Ringstraße 132
  • 55543 Bad Kreuznach
  • Contact person
  • Heiko Reisch
  • +49 (69) 210860-0

SCHNEIDER Group acquires ISCO – strengthening its position in the world market

(PresseBox) (Bad Kreuznach, ) Schneider Group, a global leader in the production of high-precision lenses, is expanding its market position in the areas of cinema projection lenses, home cinema and industrial lenses. As of 15 August, Schneider Group will be taking over the operations of Göttingen-based ISCO Group – a specialist in cinema projection lenses and specialized lenses. The ISCO brand will remain on the market.

“Our aim is a collaborative combining of strengths, and we see ourselves well positioned for continued growth in the digital projection market”, declares Dr. Josef Staub, CEO of Schneider Group. ISCO is equally optimistic about the future. “We look forward to having the optics specialist Schneider-Kreuznach as a partner”, says Hans-Joachim Manus, CEO of ISCO Precision Optics. “This reinforces our longevity on the market.”

Jos. Schneider Optische Werke GmbH

The Schneider Group specializes in developing and producing high-performance photographic lenses, cinema projection lenses, as well as industrial optics and precision mechanics. The group comprises Jos. Schneider Optische Werke, founded in Bad Kreuznach in 1913, and its subsidiaries Pentacon (Dresden), B+W Filterfabrik (ISCO) (Göttingen), Schneider-Optics (New York, Los Angeles), Schneider Bando (Seoul), Schneider Asia Pacific (Hong Kong) and Schneider Optical Technologies (Shenzhen). The company’s main brand is “Schneider-Kreuznach”. It has around 620 employees worldwide, with 330 based in its German headquarters. For years now the group has been a world market leader in the area of high-performance lenses.