Expansion of the Sheet Metal Processing business: Conzzeta closes agreement to acquire DNE Laser, Shenzhen, China

Zurich, July 14, 2016. – Conzzeta today announces the closing of the agreement to acquire DNE Laser, Shenzhen, China. Consistent with the announcement on March 30, 2016, Conzzeta acquired a stake of 51%, with effective date July 14, 2016, and first-time consolidation in the second half of 2016.

Michael Willome, Group CEO of Conzzeta comments: “We remain focused to realize our growth opportunities and to develop the footprint of our Group, particularly in Asia and North America.” DNE Laser complements the Sheet Metal Processing business of Bystronic, which is part of the Conzzeta business portfolio. Bystronic is a leading supplier of solutions for the processing of sheet metal and other sheet materials, primarily with high-end laser cutting solutions. DNE Laser by contrast covers the middle and lower-end product segments of laser cutting equipment. Alex Waser, CEO of Bystronic and member of the Group Executive Committee of Conzzeta further comments: “With the combined capabilities of Bystronic and DNE Laser, we strengthen our client value proposition by offering the full product range, from cost-efficient laser cutting equipment up to integrated solutions and modular, flexible production systems.”


 

Interim information as of the end of 2019

Zurich, February 5, 2020 – The Conzzeta Group posted net revenue of CHF 1,573.2 million in 2019. Based on stable exchange rates and adjusted for changes in the scope of consolidation, net revenue was 4.9% lower than the previous year. On the same basis, order intake in the Sheet Metal Processing segment slipped by 6.5% (7.3% reported).

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Mammut lays a basis on the way to net zero

Seon, January 22, 2020 – The greenhouse gas reduction targets are one of the central pillars of Mammut's “WE CARE" sustainability strategy. The outdoor brand is a signatory of the UN Fashion Industry Charter for Climate Action and is thus committed to a 30% reduction in greenhouse gases by 2030 compared to the 2018 reference value (Netto 0 by 2050). In order to achieve this goal, Mammut is analyzing the status quo of its CO2 footprint in a first step, thereby creating a transparent starting point.

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Step towards new focus on Bystronic: Conzzeta is divesting Schmid Rhyner

Zurich, December 20, 2019 – Conzzeta reports the signing of a binding agreement to divest its Schmid Rhyner business unit to the specialty chemicals group Altana, headquartered in Wesel, Germany. The closing of the transaction is expected by the end of the first quarter 2020, subject to regulatory approval.

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