26.06.2018 – 07:04

Conzzeta

EQS-News: Conzzeta: Bystronic to acquire Antil S.p.A.

EQS Group-News: Conzzeta / Key word(s): Takeover
Conzzeta: Bystronic to acquire Antil S.p.A.

26.06.2018 / 07:00

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Acquisition in the Sheet Metal Processing segment
Bystronic acquires Antil S.p.A, San Giuliano Milanese (Italy)

Zurich, June 26, 2018 - Conzzeta has reported signing an agreement to acquire a
70% majority stake in the Italian automation specialist Antil S.p.A, based in
San Giuliano Milanese, Milan. Antil S.p.A has been operating since 1989; in
2017, its around 100 employees generated revenue of a little over EUR 18
million. The transaction is planned to be concluded in the coming weeks.

Bystronic, which is part of the Conzzeta Group, is one of the world's leading
providers of premium sheet metal processing solutions. With Antil, Bystronic is
expanding its current range of services in the rapidly growing area of
automation. Antil specializes in the loading and unloading of sheet metal
processing machines and the corresponding storage systems.

Alex Waser, CEO of Bystronic and member of Conzzeta's Executive Committee,
commented: "The automation of production processes is becoming increasingly
important for the economic success of our customers. Antil and Bystronic are a
great fit for each other in this area, both technologically and culturally.
Together, we will set standards in the automated processing of sheet metal."

Inquiries and further information:
Michael Stäheli, Head Investor Relations & Corporate Communications
Phone +41 44 468 24 49 
media@conzzeta.com

About Conzzeta
Conzzeta is a broadly diversified Swiss group of companies. It stands for
innovation, reliability and a long-term perspective. Conzzeta strives for
leading positions in its target markets, above-average growth and long-term
value creation. Over 4,700 employees at more than 60 locations worldwide are
dedicated to offering customers innovative solutions in Sheet Metal Processing,
Sporting Goods, Foam Materials, Graphic Coatings and Glass Processing. Conzzeta
AG is listed on the SIX Swiss Exchange (SIX:CON).
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Additional features:

Document:http://n.eqs.com/c/fncls.ssp?u=HQIYUMITKI
Document title: Bystronic to acquire Antil S.p.A.

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End of Corporate News
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Language: English

Company:  Conzzeta

          Giesshübelstrasse 45

          8045 Zürich

          Switzerland

Phone:    +41 44 468 24 49

Fax:      +41 44 468 24 53

E-mail:    info@conzzeta.com

Internet: www.conzzeta.com

ISIN:     CH0244017502

Valor:    A117LR

Listed:   Regulated Unofficial Market in Berlin, Frankfurt, Stuttgart; SIX Swiss
Exchange



 

End of News EQS Group News Service

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698529  26.06.2018