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July 2018

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Bystronic Acquires Italian Technology Company for Tube, Profile Processing



Bystronic has announced the full acquisition of its strategic partner TTM Laser S.p.A., an Italian technology company that specializes in the development of 2-D and 3-D laser systems for the cutting of tubes and profiles, and for the welding of large-format metal sheets. Bystronic recently expanded its portfolio of sheet metal fabricating technologies with new solutions for automation, warehouse integration and digital networking.

With the acquisition of TTM Laser, Bystronic is deepening its existing portfolio for the laser cutting process with applications for tubes with diameters between 1/2" to 32" and for profiles.

Bystronic CEO Alex Waser said, "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."

For more information contact:

Bystronic Inc.

200 Airport Road

Elgin, IL 60123

847-214-0300 / 800-247-3332

sales.us@bystronic.com

www.bystronicusa.com

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