Expansion of the Sheet Metal Processing business: Conzzeta to acquire DNE Laser, Shenzen, China

Zurich, March 30, 2016. – Conzzeta today announces the signing of a binding agreement to acquire DNE Laser, Shenzen, China. The closing of the transaction is planned by mid-year 2016, subject to regulatory approval. Conzzeta will acquire a stake of 51% with a long-term option to increase the position.

Founded in 2008, DNE Laser employs approximately 400 employees and operates profitably, generating revenue of CNY 335 Million (ca. CHF 51 Million) in 2015. 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 with a global footprint; it employs close to 1700 employees and generated revenue of CHF 570.9 Million in 2015, primarily with high-end laser cutting solutions. DNE Laser by contrast covers the middle and lower-end product segments of laser cutting equipment with a focus at China and Southeast Asia. DNE Laser will operate with its own brand and a dedicated sales & service organization within the Bystronic business unit of Conzzeta.

Michael Willome, Group CEO of Conzzeta comments: “The transaction is a step towards the further internationalization of our Group; it adds significant scale to Bystronic’s footprint in Asia and provides additional growth opportunities for Bystronic globally.” Zhang Yonghong, founder, President and CEO of DNE Laser adds: “We are delighted to join forces with Bystronic, a technology leader in our industry; through Bystronic we broaden both, our knowledge base and our geographic reach.” He will remain CEO of DNE Laser and join the Group Executive Team of Bystronic. Alex Waser, CEO of Bystronic and Member of the Group Executive Committee of Conzzeta further comments: “With DNE Laser we found the ideal strategic partner to broaden our market potential by serving additional client segments.”


 

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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