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.”


 

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.

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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.

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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.

 
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