Bystronic Completes Acquisition of a Coherent Business Unit; Reviving Rofin Brand
At the end of January, Bystronic completed the acquisition of Coherent Corp.’s Tools for Materials Processing business unit, thereby gaining access to new markets in medical technology and the semiconductor industry.
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 well-known 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.
Applications for a Wide Range of Industries
“We warmly welcome all customers, partners, and colleagues to our new Bystronic Rofin division,” says 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.
About Bystronic
Bystronic (SIX: BYS) is shaping the future of industrial manufacturing. As a leading provider of solutions for sheet metal and material processing, the company combines laser cutting technology, press brakes, automation, and software with innovative laser applications for new materials and processes. From marking and micro-processing to complex cutting and welding, Bystronic opens new possibilities for connected, sustainable production worldwide.
Bystronic headquarters are located in Switzerland, with development and production facilities in Germany, Spain, Italy, China and the USA. The company serves customers in more than 30 countries with its own subsidiaries and a network of dealers and agents.
