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Bystronic has announced the completion of its acquisition of the Tools for Materials Processing division of the U.S. company Coherent Corp. and is reviving the Rofin brand.
The acquisition will help Bystronic expand into new attractive growth markets such as medical technology, semiconductors, 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.
With this acquisition, Bystronic also acquires the rights to the Rofin brand, which will continue as part of the newly created Bystronic Rofin business unit.
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.
"We warmly welcome all customers, partners, and colleagues to our new Bystronic Rofin division," said Domenico Iacovelli, CEO of Bystronic. "We are integrating Rofin's successful and pioneering technology into our Bystronic product portfolio, thereby 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 remain at the forefront in increasingly competitive markets."
With around 400 employees, the Bystronic Rofin business unit is headquartered in Gilching (near Munich), Germany.
For more information contact:
Bystronic Inc.
2200 West Central Road
Hoffman Estates, IL 60192
847-214-0300 / 800-247-3332
sales.us@bystronic.com
www.bystronicusa.com