Zurich, April 1, 2019 – Conzzeta has reported that it has completed the sale of the Glass Processing segment to the finnish Glaston Corporation, which was announced on January 25, 2019.
The change of control will take place on April 1, 2019, with the corresponding deconsolidation. Dr. Burghard Schneider will leave the Conzzeta Executive Committee.
According to Michael Willome, Conzzeta Group CEO: “The improvement in operating performance in the Glass Processing segment over the last years deserves the highest accolades. We would like to thank Dr. Burghard Schneider, his management team and all the employees for their successful work and wish them every success for the future.”
In 2018, the Glass Processing segment contributed CHF 133.3 million or 7.5% to Conzzeta’s Group revenue. With the conclusion of the transaction, Conzzeta expects a substantial divestment gain for the first half of 2019.
Zurich, September 27, 2019 – At the Extraordinary General Meeting of Conzzeta AG on September 27, 2019, shareholders approved the proposed special dividend by a large majority. 83.3% of the votes were represented.keyboard_arrow_right
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