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February 06. 2019
Interim information as of the end of Q4 2018
Zurich, February 6, 2019 – The Conzzeta Group achieved revenue growth in 2018 of 20.2% or CHF 1,782.2 million. Adjusted for currency translation effects and changes in the scope of consolidation, revenue growth amounted to 10.4%. Order intake for capital goods rose by 5.8%.
keyboard_arrow_rightJanuary 25. 2019
Streamlining of the business portfolio: Conzzeta is divesting its Glass Processing segment
Zurich, January 25, 2019 – Conzzeta reports the signing of a binding agreement to divest its Glass Processing segment to Glaston Corporation, headquartered in Helsinki, Finland, for an enterprise value of EUR 68 million (CHF 78 million). The closing of the transaction is expected by the end of the first quarter 2019, subject to regulatory approval. Glaston has secured committed debt and equity financing, subject to customary conditions and support of an extraordinary general meeting, respectively.
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