Bystronic to Acquire the Tools for Materials Processing Business Unit of Coherent Inc.
Bystronic announced it entered into an agreement to acquire the “Tools for Materials Processing” business unit of U.S.-based Coherent Inc.
This acquisition expands Bystronic into additional high-growth markets such as medical devices, semiconductors, and general manufacturing. It also brings new laser applications to the company’s portfolio, including micro material processing, marking, labeling, and drilling.
With this acquisition, Bystronic will obtain the rights to the well-known Rofin brand and form a new business unit named “Bystronic Rofin.” The division’s laser technologies will enable processing across a broad range of materials—from metal, glass, and ceramics to polymers and organic materials. The deal also supports procurement efficiencies and deeper collaboration in research and development.
Domenico Iacovelli, CEO of Bystronic, stated: “Through the acquisition of the ‘Tools for Materials Processing’ business unit, we are expanding into adjacent applications in attractive growth markets. This acquisition is an excellent technological and cultural fit for us, and I am excited to welcome the employees and customers of Bystronic Rofin.”
The business unit employs about 400 people and generates annual sales of approximately USD $100 million. Its headquarters are located in Gilching, near Munich, Germany. The transaction is subject to customary closing conditions and is expected to be completed in the coming months. Terms of the deal remain confidential.
About Bystronic
Bystronic (SIX: BYS) is an international leader in sheet metal processing technology and innovation. As a full solutions provider, the company offers advanced flat and tube laser cutting systems, press brakes, and intelligent automation solutions supported by global services. With Bystronic Software, the company accelerates the digital transformation of manufacturing.
Bystronic’s headquarters are in Switzerland, with production facilities in Germany, Spain, Italy, China, and the USA. The company serves customers in more than 30 countries through subsidiaries and distribution partners.
About Coherent
Coherent (NYSE: COHR) is a global photonics leader, providing advanced optical solutions across datacenter, communications, and industrial markets. Founded in 1971, Coherent operates in over 20 countries and delivers technology, supply chain resilience, and global scale that help customers solve complex challenges.
Disclaimer
This release contains forward-looking statements subject to risks and uncertainties. Actual results may differ due to factors such as market conditions, tariffs, currency fluctuations, or geopolitical impacts. Bystronic assumes no obligation to update these statements.
