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.”


 

Increase of participation from 51% to 70%: Conzzeta acquires additional stake in DNE Laser

Zurich, August 27, 2019 – As part of the growth strategy in the Sheet Metal Processing segment, Conzzeta announces the signing of an equity transfer agreement to increase its participation in DNE Laser, Shenzhen, China, from 51% to 70%.

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Half-Year Report at June 30, 2019: First half of 2019 with expected slowdown

  • Market-related slowdown compared with strong previous-year period
  • Net revenue CHF 770.1 million; on a comparable1 basis 5.6% below the previous year
  • EBIT CHF 90.5 million, including divestment gain of CHF 30.6 million
  • EBIT margin excluding divestment gain stable at 7.6% of total revenue
  • Earnings per share A including divestment gain at CHF 34.76, up 66.0%
  • Extraordinary AGM with proposal for a special dividend of CHF 30.00 per share A
  • More decentralized management for accelerated strategic and operational development 
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FoamPartner: OBoSky® ‒ easy to process, durable and low in emissions

Wolfhausen, July 18, 2019 - FoamPartner, specializing in advanced foam solutions, has developed a foam product family characterized by extremely low emission levels for use in automotive headliners with high demands on processability and design.

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