Special Fabtech – Bystronic
Bystronic acquires Italian technology company for tube and profile processing
Recently, Bystronic has significantly expanded its existing portfolio of sheet metal fabricating technologies with new solutions for automation, warehouse integration, and digital networking.
Bystronic announces the full acquisition of their strategic partner TTM Laser S.p.A., a successful Italian technology company that specializes in the development of 2D and 3D laser systems for the cutting of tubes and profiles, and for the welding of large-format metal sheets.
The development of a strategic partnership with TTM Laser in November 2017 has shown there is a strong demand for customers to be able to purchase all these solutions from a single source. The added value that is created allows customers to position themselves more successfully on the market. A supplier with a strong sales and service network not only simplifies the purchase and maintenance, but also the successful integration and operation of manufacturing solutions. With the acquisition of TTM Laser, Bystronic is deepening its existing portfolio for the laser cutting process step with applications for tubes with diameters between 1/2 inch – 32 inch, and for profiles.
Bystronic CEO Alex Waser emphasizes: “With the merger of Bystronic and TTM Laser, our customers are gaining access to a unique range of technologies and innovations for their sheet metal processing requirements. TTM Laser’s know-how and technology portfolio ideally complement Bystronic’s existing manufacturing solutions with world-class systems for tube and profile processing. The goal of this takeover is to jointly push forward innovative manufacturing solutions.”