Dow Jones received a payment from EQS/DGAP to publish this press release.
EQS Group-Media / 2018-03-14 / 07:00
Acquisition in the Specialty Chemicals segment
*Schmid Rhyner acquires ISAtec GmbH, Wohlenschwil, Switzerland*
Zurich, March 14, 2018. - Conzzeta has reported signing an agreement for the
complete acquisition of ISAtec GmbH, a company based in Wohlenschwil,
Switzerland. The transaction is planned to be concluded in the coming weeks.
ISAtec is an expert in the development and production of silver and gold
coatings.
Schmid Rhyner, which belongs to the Conzzeta Group, is a global leader
specializing in print finishing. To date, ISAtec GmbH has produced metallic
coatings of the WESSCO POLAR brand for Schmid Rhyner. These products offer
users innovative options for designing high-quality packaging and
differentiating their products from the competition on the international
market. By acquiring ISAtec GmbH, Schmid Rhyner is safeguarding the
technology. Production will be transferred from Wohlenschwil to Schmid
Rhyner's site in Adliswil.
Jakob Rohner, CEO of Schmid Rhyner and member of the Executive Committee at
Conzzeta, commented: "Together with ISAtec, we are bolstering our innovative
strength and flexibility. We are combining our range of coatings even more
effectively and will be able to respond to new requirements more quickly.
Our customers will also benefit from more efficient production."
Inquiries and more information:
Michael Stäheli, Head Investor Relations & Corporate Communications
Phone +41 44 468 24 49
media@conzzeta.com
*About Conzzeta*
Conzzeta is a broadly diversified Swiss group of companies. It represents
innovation and reliability with a long-term perspective. Conzzeta strives
for leading positions in its target markets, above-average growth and
long-term value creation. Over 4,700 employees at more than 60 locations
worldwide are dedicated to offering customers innovative solutions in Sheet
Metal Processing, Sporting Goods, Foam Materials, Graphic Coatings and Glass
Processing. Conzzeta AG is listed on the SIX Swiss Exchange (SIX:CON).
Additional features:
Document: http://n.eqs.com/c/fncls.ssp?u=ONDNNBMKSI [1]
Document title: Acquisition ISAtec
Issuer: Conzzeta
Key word(s): Enterprise
End of Corporate News
Language: English
Company: Conzzeta
Giesshübelstrasse 45
8045 Zürich
Switzerland
Phone: +41 44 468 24 49
Fax: +41 44 468 24 53
E-mail: info@conzzeta.com
Internet: www.conzzeta.com
ISIN: CH0244017502
Valor: A117LR
Listed: Regulated Unofficial Market in Berlin, Frankfurt, Stuttgart; SIX
Swiss Exchange
End of News EQS Group Media
663843 2018-03-14
1: http://public-cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=e61198023100f6e7e836fab4b1bdc0fe&application_id=663843&site_id=vwd&application_name=news
(END) Dow Jones Newswires
March 14, 2018 02:00 ET (06:00 GMT)
