News

Wolfhausen, July 15, 2020 – The new FoamPartner Converting Center GmbH complements the existing expertise of the FoamPartner Group to provide a vertically integrated value chain from foam production to customized precision components.

Zurich, June 9, 2020 – In line with our first quarter 2020 interim information published on April 17, 2020, business conditions deteriorated further during the second quarter of the year, despite gradually improved business trends in China. Conzzeta continues to mitigate the adverse impact of the coronavirus pandemic to the extent possible. Amidst the challenging operating environment, the announced strategic transformation of the Group continues largely as planned.    

Niederönz, May 18, 2020 – Bystronic Benelux BV takes over its long-standing service partner Weber Laserservice BV. The integration of Weber Laserservice will enable Bystronic to provide its customers with even more efficient service, while also strengthen its market position and boosting its second-hand machine market.

Niederönz, May 12, 2020 – The strategic partnership with IPG Photonics is strengthening Bystronic’s innovative capacity: Together, these two technology pioneers are developing the next generation of fiber lasers. In addition, Bystronic benefits from attractive procurement terms and can set itself apart by offering exclusive customer services.

Seon, May 11, 2020 – Mammut and its business partners around the globe are facing challenging times with tough decisions due to the SARS-CoV-2 pandemic. Through its purchasing, supply chain and product teams, Mammut is in a close dialogue with its suppliers. Adrian Huber, Head of Corporate Responsibility Mammut Sports Group AG states: “We are aware of and very concerned by the critical situations, many of our suppliers but also retailers face at this very moment.“

Niederönz, April 27, 2020 – Bystronic achieves a major milestone in the USA as the first-ever laser cutting machine assembled at the new facility in Hoffman Estates IL has rolled off the line. This important milestone strengthens Bystronic’s commitment to its customers and to the North American market by providing locally assembled machinery to reduce overall lead time, installation time, and import costs.

Zurich, April 22, 2020 – The Annual General Meeting of Conzzeta AG on April 22, 2020, approved all motions of the Board of Directors by a large majority. 86.6% of the votes were represented.

Zurich, April 17, 2020 – The Conzzeta Group posted net revenue of CHF 298.4 million for the first three months of 2020. Organically it was down 14.5% on the previous year. On the same basis, order intake in the Sheet Metal Processing segment dropped by 19.8%.

Zurich, March 26, 2020 – The annual general meeting of Conzzeta AG on 22 April 2020 will be held without the physical attendance of shareholders in accordance with the Federal Council Ordinance on Measures to Combat the Coronavirus.

Zurich, March 17, 2020 – In a challenging environment, Conzzeta in 2019 was able to increase its EBIT margin by 50 basis points to 8.7%, adjusted for the capital gain of CHF 29.9 million from the sale of the Glass Processing segment. At constant exchange rates and adjusted for changes in the scope of consolidation, net revenue declined by 4.9% primarily due to market factors, while the corresponding operating result was maintained.

Zurich, March 2, 2020 – Conzzeta has reported that it has completed the sale of Schmid Rhyner, which was announced on December 20, 2019. The business unit has been sold to the specialty chemicals group Altana, headquartered in Wesel, Germany.

Zurich, February 5, 2020 – The Conzzeta Group posted net revenue of CHF 1,573.2 million in 2019. Based on stable exchange rates and adjusted for changes in the scope of consolidation, net revenue was 4.9% lower than the previous year. On the same basis, order intake in the Sheet Metal Processing segment slipped by 6.5% (7.3% reported).

Seon, January 22, 2020 – The greenhouse gas reduction targets are one of the central pillars of Mammut's “WE CARE" sustainability strategy. The outdoor brand is a signatory of the UN Fashion Industry Charter for Climate Action and is thus committed to a 30% reduction in greenhouse gases by 2030 compared to the 2018 reference value (Netto 0 by 2050). In order to achieve this goal, Mammut is analyzing the status quo of its CO² footprint in a first step, thereby creating a transparent starting point.

Zurich, December 20, 2019 – Conzzeta reports the signing of a binding agreement to divest its Schmid Rhyner business unit to the specialty chemicals group Altana, headquartered in Wesel, Germany. The closing of the transaction is expected by the end of the first quarter 2020, subject to regulatory approval.

Niederönz, December 16, 2019 – In order to create pioneering process solutions that drive forward a smart factory environment, Bystronic is joining forces with the software specialist Kurago within the framework of an innovation partnership.

Zurich, December 9, 2019 - The Board of Directors of Conzzeta AG has decided that the Group’s future focus will be on the Bystronic business unit. There are plans to speed up the expansion of its strong market position in global sheet metal processing with a focused growth strategy. The other business units are to be divested step by step within the period of a year, market conditions permitting.