Bystronic opens up new markets in medical technology

Bystronic, an international company based in Switzerland, is a leading provider of solutions for sheet metal and material processing. Bystronic combines laser cutting technology, press brakes, automation and software with innovative laser applications for new materials and processes. The company is now completing the acquisition of the Tools for Materials Processing business from Coherent Corp. The acquisition will help Bystronic to expand into new attractive growth markets such as medical, semiconductor and general manufacturing. In addition, Bystronic's portfolio will be expanded to include new laser applications such as micro material processing, marking, engraving and drilling.

Acquisition of the trademark rights to Rofin

With this acquisition, Bystronic also acquires the rights to the well-known Rofin brand, which will continue as part of the newly created «Bystronic Rofin» division. Bystronic Rofin's versatile laser technologies enable the processing of a wide range of materials, including metal, glass, ceramics, polymers and organic materials. Due to the wide variety of applications and materials, the acquisition will open up new opportunities in research and development.

Applications for a wide range of industries

«We warmly welcome all customers, partners and colleagues of the company to our new Bystronic Rofin division,» says Domenico Iacovelli, CEO of Bystronic. «We are integrating Rofin's successful and pioneering technology into our Bystronic product portfolio, creating a broad range of applications for customers from various industries. Together, we will support our customers in optimizing and further developing their production so that they can stay ahead in increasingly competitive markets.»

With around 400 employees, the profitable Bystronic Rofin division has achieved an annual turnover of around 100 million US dollars in recent years. The headquarters are located in Gilching near Munich.

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