Coherent Sells Aerospace and Defense Business to Advent International for $400 Million

Coherent Corp., a U.S.-based leader in photonics, has announced an agreement to divest its Aerospace and Defense division to the global private equity firm Advent International for $400 million. The deal, disclosed on 13 August 2025, is part of Coherent’s strategic portfolio optimisation, enabling the company to focus on its core growth markets in datac…