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.”
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%.keyboard_arrow_right
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