Streamlining of the business portfolio: Sale of the Glass Processing segment completed

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.


 

Bystronic starts direct sales in South Africa

Niederönz, June 13, 2019 – Sheet metal processing companies in South Africa rely on Bystronic technologies and services. Bystronic is now serving the growing demand for laser cutting and bending solutions in South Africa with direct sales and service operations. To this aim Bystronic is opening offices in Johannesburg.

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Mammut WE CARE: Sustainable highlight products

Seon, June 11, 2019 – As a Swiss premium outdoor brand with roots going back to 1862, Mammut has a strong drive to preserve what is worth preserving, with a high degree of transparency. For this reason, Mammut published its Corporate Responsibility goals in November 2018. The outdoor company wants to significantly reduce the environmental footprint of its collections and ban environmentally damaging substances from supply chains. The use of bioRe® cotton in T-shirts of the climbing collection is another concrete measure for Mammut to achieve these goals.

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Close collaboration between Gallus and Schmid Rhyner for digital coating

Adliswil, May 28, 2019 – Gallus and Schmid Rhyner officially set the seal on the collaboration of the two companies and the further development of digital refinement at the beginning of May. With the company Steinemann, they have raised digital refinement to a high industrial level.

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