Expansion of the Sheet Metal Processing business: Conzzeta to acquire FMG, Sulgen, Switzerland

Zurich, October 24, 2016. – Conzzeta today announces the signing of a binding agreement to acquire all shares of FMG Fördertechnik and FMG Verfahrenstechnik, Sulgen, Switzerland. The closing of the transaction is planned until the end of 2016. It will complement the product offering of Bystronic, the Sheet Metal Processing business of Conzzeta, with integrated high-bay warehouse solutions and handling systems.

Since 1989, FMG specializes in warehousing, material handling, and sorting systems. With approximately 20 employees it generated net revenue of CHF 6 million in 2015, supporting clients with innovative end-to-end solutions in process and production engineering.
 
Alex Waser, CEO of Bystronic and Member of the Group Executive Committee of Conzzeta comments: “Within sheet metal processing, the automation of production processes is becoming an important success factor. By joining forces, we merge the know-how from machinery construction, process engineering and automation. This enables us to offer clients around the world seamless solutions from a single source.”


 

Further step towards strategic transformation

Zurich, November 10, 2020 – Conzzeta reports the signing of a binding agreement to divest its FoamPartner business unit to Recticel, the Belgium specialist in polyurethane chemistry, headquartered in Brussels and listed on Euronext (REC), for an enterprise value of CHF 270 million. The closing of the transaction is expected in the first quarter 2021, subject to regulatory approval.

keyboard_arrow_right

Conzzeta Capital Markets Day: Bystronic to push innovation and market positions

Zurich, November 10, 2020 – Ernst Baertschi, Chairman of the Board of Directors of Conzzeta, will host today’s virtual Conzzeta capital markets day. Conzzeta Group CEO Michael Willome will provide an update of the Group’s strategic transformation. Bystronic CEO Alex Waser with part of his management team will present Bystronic’s strategy.

keyboard_arrow_right

Climbing with refugees: MAMMUT becomes a partner of the non-profit organization ClimbAID

Seon, November 5, 2020 – Mammut has entered into a partnership with the non-profit organization ClimbAID to work together on humanitarian projects allowing refugees to discover the joy of climbing. United by their shared passion for mountain sports and climbing, Mammut and the Swiss non-profit organization ClimbAID are embarking on a partnership designed to allow people affected by war, poverty and displacement to discover the joy of climbing. This long-term cooperation will focus on the implementation of humanitarian projects in Switzerland, Lebanon, Greece and beyond.

 
keyboard_arrow_right