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April 13. 2018

Update on Q1 2018: Double-digit growth in all segments

Zurich, April 13, 2018 – The Conzzeta Group achieved revenue growth of 43.5% or CHF 430.6 million in the first quarter of 2018. Adjusted for changes in the scope of consolidation and at constant exchange rates, revenue growth amounted to 27.5%. Order intake for capital goods rose by 18.6%.

 

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April 10. 2018

Mammut Alpine School: expansion to Austria

Seon, April 10, 2018 - From summer 2018, outdoor enthusiasts in Austria will also be able to attend courses and tours at the Mammut Alpine School. The successful Swiss concept is expanding to Austria, offering unforgettable outdoor experiences for alpine sport fans. The new Mammut Alpine School will be led by Armin Reitner.

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March 20. 2018

Acquisition in the Sheet Metal Processing segment

Zurich, March 20, 2018 – Conzzeta has reported signing an agreement for the complete acquisition of the Italian technology company TTM Laser S.p.A., based in Cazzago San Martino, Brescia. TTM Laser has been operating since 2001; in 2017, its around 40 employees generated revenue of approximately EUR 14 million. The transaction is planned to be concluded in the coming weeks.

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March 20. 2018

Annual results 2017: Surge in revenue and improved profitability – strengthened position in growth markets

Zurich, March 20, 2018 – The Conzzeta Group achieved revenue growth of 22.5% to CHF 1,482.8 million in 2017. The operating result (EBIT) increased by 46.0% to CHF 123.2 million. This includes a one-time gain of CHF 8.8 million from the sale of the 51% stake in the US joint venture in the FoamPartner business unit on July 1, 2017. Adjusted for this special effect, the return on net operating assets (RONOA) was 19.5% compared with 15.6% in the previous year.

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March 14. 2018

Acquisition in the Specialty Chemicals segment

Zurich, March 14, 2018. – Conzzeta has reported signing an agreement for the complete acquisition of ISAtec GmbH, a company based in Wohlenschwil, Switzerland. The transaction is planned to be concluded in the coming weeks. ISAtec is an expert in the development and production of silver and gold coatings. 

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January 29. 2018

FoamPartner to Intensify Its Customer and Market Focus with a New Management Organization

Wolfhausen, January 29, 2018 – As of February 1, 2018, FoamPartner will introduce a new management organization aimed at strengthening customer orientation and enhancing efficiency. The new organization reflects the merger between FoamPartner and Otto Bock Kunststoff following the acquisition of the company in 2017. The turnover has almost doubled as a result of the merger. 

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January 25. 2018

Mammut’s product innovations win prestigious international awards

Seon, January 25, 2018 - At the world’s largest multi-segment trade fair, ISPO Munich, Mammut has won four ISPO awards for product innovations in the outdoor and snow sport categories. The Nordwand HS Flex jacket from the Eiger Extreme collection was rated best in class by an international jury of 45 experts, who selected it as Gold Winner.

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October 31. 2017

Change in the Executive Committee: Michael Riedel named new CEO of FoamPartner

Zurich, October 31, 2017 – The Conzzeta AG Board of Directors has appointed Michael Riedel as the new CEO of FoamPartner. He will assume the position on January 1, 2018 and will join the Conzzeta AG Executive Committee.

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October 18. 2017

Chemical analyses largely completed: Production resumes at FoamPartner

Zurich, October 18, 2017 – The FoamPartner business unit of Conzzeta has largely completed its extensive precautions and chemical analyses at the sites affected by the defective raw material deliveries. Most of the chemical samples did not exceed thresholds, indicating that there are no health risks. Foam production has been resumed at the Wolfhausen location, and processing is also expected to be fully operational again by 19 October 2017.

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October 11. 2017

Qualitatively deficient raw material delivery: Partial production and delivery suspension at FoamPartner

Zurich, October 11, 2017 – Conzzeta confirms that BASF’s deficient raw material deliveries also affect their FoamPartner business unit. In order to protect employees, customers and consumers from possible health risks, production and delivery was suspended at the Wolfhausen site on 6 October 2017. The reason for this is that BASF has supplied the plastic precursor product toluene diisocyanate (TDI) with an excessively high proportion of potentially harmful and polluting substances. The financial impact of these necessary measures cannot yet be estimated, but should be largely covered by the supplier or by existing insurance policies. 

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September 01. 2017

FoamPartner: Conzzeta closes agreement to acquire Otto Bock Kunststoff

Zurich, September 1, 2017 – Conzzeta announces the closing of the agreement to acquire Otto Bock Kunststoff. Following the announcement on July 21, 2017, Conzzeta assumed full control as per September 1, 2017, with corresponding first-time consolidation.

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August 11. 2017

Half-Year Report at June 30, 2017: Higher profit – good order intake sustained

Zurich, August 11, 2017 – In the first half of 2017, the Conzzeta Group generated net revenue of CHF 625.9 million, up 19.3% year on year, with order intake remaining strong. The operating result increased by 46.5% to CHF 38.3 million, with an EBIT margin of 5.8% (previous year: 4.8%). The Group result amounted to CHF 30.0 million, a rise of 44.0% on the previous year's level.

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August 11. 2017

FoamPartner: Conzzeta sells stake in US joint venture

Zurich, August 11, 2017 – Conzzeta announces the sale of its 51% stake in the US joint venture Woodbridge FoamPartner Company, Chattanooga (TN, USA) and the signing of a supply contract with The Woodbridge Group. This move will simplify access to the North American market for the FoamPartner business unit.

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July 21. 2017

FoamPartner: Conzzeta acquires Otto Bock Kunststoff

Zurich, July 21, 2017 – Conzzeta announces the signing of a binding agreement for full acquisition of Otto Bock Kunststoff. Completion of the deal is expected in the second half of 2017, subject to regulatory approval.

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June 19. 2017

Conzzeta expects strong result for first half of 2017

Zurich, June 19, 2017 – Conzzeta announces a sustained strong performance for the first half of 2017. The robust performance seen in the second half of 2016 has been maintained, especially by the Sheet Metal Processing business unit and in Asia by the Group as a whole.

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April 26. 2017

Ordinary Annual General Meeting 2017: All resolutions approved

Zurich, April 26, 2017 – At the ordinary Annual General Meeting of Conzzeta AG on April 25, 2017, shareholders approved with great majority all proposals submitted by the Board of Directors. In aggregate, 83.4% of the votes have been represented.

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March 21. 2017

Annual Results 2016: Accelerated growth and higher operating result

Zurich, March 21, 2017 – In an uneven operating environment, the Conzzeta Group generated revenue growth of 6.4%. The operating result (EBIT) was CHF 84.4 million with an EBIT margin of 6.9%, after CHF 75.9 million and 6.7% respectively on the continued business in 2015. Return on net operating assets (RONOA) was 15.6% (previous year: 13.4%). keyboard_arrow_right

January 24. 2017

Change of management at Mammut Sports Group

Seon, January 23, 2017 – Mammut Sports Group announces the appointments of Adrian Margelist as new Chief Creative Officer and Matthias Hanny as head of B2C. Both will become members of the executive management of the Mammut Sports Group.

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November 18. 2016

FoamPartner Group launches new «Growth Strategy 2021»

Wolfhausen, November 18, 2016. - With the Strategy 2021, the FoamPartner Group based in Wolfhausen, Switzerland, has set itself a new growth strategy. FoamPartner, which has been owned by the international active Conzzeta Group conglomerate since 1980, has taken up the challenge of the groupwide growth initiative.

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October 24. 2016

Expansion of the Sheet Metal Processing business:
Conzzeta to acquire FMG, Sulgen, Switzerland

Zurich, October 24, 2016. – Conzzeta today announces the signing of a binding agreement to acquire all shares of FMG Fördertechnik and FMG Verfahrenstechnik, Sulgen, Switzerland. The closing of the transaction is planned until the end of 2016. It will complement the product offering of Bystronic, the Sheet Metal Processing business of Conzzeta, with integrated high-bay warehouse solutions and handling systems. keyboard_arrow_right

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