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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 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 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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