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April 01. 2021

Implementation of the focus strategy - Sale of FoamPartner completed

Zurich, April 1, 2021 – Conzzeta announces completion of the sale of its FoamPartner business unit to Recticel, a Belgian polyurethane chemicals specialist based in Brussels and listed on Euronext (REC).

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March 31. 2021

Conzzeta publishes AGM invitation

Zurich, March 31, 2021 – The annual general meeting of Conzzeta AG on 21 April 2021 will be held without the physical attendance of shareholders in accordance with the Federal Council Ordinance on Measures to Combat the Coronavirus.

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March 29. 2021

Bystronic acquires software specialist

Niederönz, March 29, 2021 – Bystronic Laser AG (Bystronic) is expanding its digital expertise with the acquisition of the Spanish software specialist Kurago Software S.L. (Kurago) and thus strengthening its service portfolio with additional innovative solutions.

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March 16. 2021

Conzzeta’s Executive Committee to step down

Zurich, March 16, 2021 – As a further step in the ongoing strategic transformation, Conzzeta’s Executive Committee will step down at the upcoming Annual General Meeting on April 21, 2021. The Board of Directors of Conzzeta AG will propose to the Annual General Meeting that Conzzeta AG be renamed Bystronic AG and appoints Bystronic’s Executive Committee as of this date.

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March 16. 2021

Annual results 2020

Lower revenue and result due to the pandemic – consistent strategy implementation

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March 16. 2021

Change to the Board of Directors of Conzzeta AG

Zurich, March 16, 2021 – The Board of Directors of Conzzeta AG will nominate Heinz Baumgartner as a new member of the Board of Directors at the next Annual General Meeting on April 21, 2021. Philip Mosimann is retiring from the Board after 14 years and is not standing for re-election.

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February 03. 2021

Interim information as of the end of 2020

Zurich, February 3, 2021 – The Conzzeta Group posted net revenue of CHF 1,283.5 million in 2020. At constant exchange rates and taking changes in the scope of consolidation into account, revenue was down 10.4% on the previous year. The decline for nine months had been 11.8%.

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December 09. 2020

Change to the Board of Directors of Conzzeta AG

Zurich, December 9, 2020 – The Board of Directors of Conzzeta AG has taken note that Michael König will not be available for re-election at the forthcoming annual general meeting on April 21, 2021.

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November 10. 2020

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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November 10. 2020

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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November 05. 2020

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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October 16. 2020

Inaugural Digital Brand Convention of MAMMUT

Seon, October 16, 2020 – Digital and open-minded as never before. At the first Digital Brand Convention next week, MAMMUT presents the new Fall/Winter 21/22 collection to a larger audience and shows how innovation, safety and responsibility as a company move the brand.

 

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October 16. 2020

Interim information as of the end of September 2020

Zurich, October 16, 2020 – The Conzzeta Group posted net revenue of CHF 905.4 million for the first nine months of 2020. At constant exchange rates and taking changes in the scope of consolidation into account, revenue was down 11.8% on the previous year. The decline for six months had been 16.2%.

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September 30. 2020

Bystronic takes full control of DNE Laser: Enhanced flexibility to deploy growth strategy

Zurich, September 30, 2020 – As part of the growth strategy for its Bystronic business unit, Conzzeta announces the signing of an equity transfer agreement to increase the participation in DNE Laser, Shenzhen, China, from 70% to 100%.

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August 31. 2020

Sustainable foams for the mobility of tomorrow

Wolfhausen, August 31, 2020 – Advanced foam solutions for headliners, interior trim and seating applications demonstrate the determination with which the company is implementing its sustainability strategy.

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August 25. 2020

FoamPartner adopts a comprehensive sustainability strategy focused on PLANET, PEOPLE & PERFORMANCE

Wolfhausen, August 25, 2020 – Guidelines for responsible thinking and acting show the way towards a sustainable future with innovative and industry leading foam solutions.

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August 07. 2020

Half-year financial statements 2020: Implementation of operating and strategic priorities

Zurich, August 7, 2020 – Conzzeta’s half-year 2020 results are strongly impacted by both, the effects of the coronavirus pandemic and the divestitures of the Glass Processing segment at the end of March 2019 and the Schmid Rhyner business unit at the end of February 2020. The disposals resulted in a loss of contributions to revenue and earnings as well as in divestment gains of CHF 30.6 million in the first half of 2019 and CHF 48.1 million in the first half of 2020. On a comparable basis, i.e. adjusted for the changes in the scope of consolidation and at constant exchange rates, the Group’s net revenue in the first half of 2020 was 16.2% below the previous year. The adverse effects of changes in the scope of consolidation amounted to CHF 38.9 million and those from currency effects to CHF 30.3 million.

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July 15. 2020

FoamPartner: “Smart Factory” for Technical Foam Solutions

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.

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June 09. 2020

Business update: Impact of the coronavirus pandemic

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.    

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May 18. 2020

Bystronic Benelux to strengthen customer proximity

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.

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