Conzzeta to acquire China's DNE Laser

Conzzeta (Zurich, Switzerland), parent company of Bystronic (Elgin, IL), has signed a binding agreement to acquire DNE Laser (Shenzen, China). The closing of the transaction is planned by mid-year 2016, subject to regulatory approval. Conzzeta will acquire a 51% stake, with a long-term option to increase the position.

DNE Laser, founded in 2008, employs approximately 400 employees and operates profitably, generating revenue of CNY 335 million (approx. $53 million) in 2015. The company complements the Sheet Metal Processing business of Bystronic, which supplies solutions for sheet metal cutting with a global footprint, employs close to 1700 employees, and generated revenue of CHF 570.9 million (approx. $592 million) in 2015, primarily with high-end laser cutting solutions.

DNE Laser, by contrast, covers the middle- and lower-end product segments of laser cutting equipment, with a focus on China and Southeast Asia. The company will operate with its own brand and a dedicated sales and service organization within the Bystronic business unit of Conzzeta.

Zhang Yonghong, founder, president, and CEO of DNE Laser, will remain CEO and join the Group Executive Team of Bystronic.

Get All the Industrial Laser Solutions News Delivered to Your Inbox

Subscribe to Industrial Laser Solutions Magazine or email newsletter today at no cost and receive the latest news and information.

 Subscribe Now
ILS Blogs
David Belforte
David Beleforte

Let's grow LME

Mon Apr 22 08:51:00 CDT 2013

Looked at manufacturing lately?

Wed Mar 20 09:57:00 CDT 2013

Industrial laser market meets forecast

Fri Mar 08 10:59:00 CST 2013

Photonics West features ultra-fast and fiber lasers

Mon Feb 18 13:31:00 CST 2013

Follow us at Join us on

Twitter - Industrial Laser Solutions



Replacement lenses from II-VI Infrared eliminate need for beam centering

II-VI Infrared, the world leader in CO2 laser optics, is now providing replacement Trumpf Cut Len...

See Article Archive

View Industrial Laser Solutions past articles.

Copyright © 2007-2016. PennWell Corporation, Tulsa, OK. All Rights Reserved.PRIVACY POLICY | TERMS AND CONDITIONS