Business Daily Media

Times Advertising

.

Bystronic completes acquisition of Coherent Corp.'s Tools for Materials Processing business unit, thereby gaining access to new markets in medical technology and the semiconductor industry

End of January, Bystronic announced the completion of its acquisition of the Tools for Materials Processing division of the US company Coherent Corp. and is reviving the Rofin brand.

NIEDERÖNZ, SWITZERLAND / GILCHING,GERMANY - Newsaktuell - 2 February 2026 - 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.

BystronicRofinMarking

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.

BystronicRofin Stent~medical devices

Applications for a wide range of industries

"We warmly welcome all customers, partners, and colleagues of the company 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 profitable Bystronic Rofin business unit has achieved annual sales of around USD 100 million in recent years. Its headquarters are located in Gilching near Munich.

Hashtag: #Bystronic

The issuer is solely responsible for the content of this announcement.

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.

News from Asia

Arrow Electronics Addresses Rising Autonomous Mobile Robot Demand in Southeast Asia with System-Level Solutions

Showcases system‑level AMR innovations with technology partners in Singapore and Bangkok SINGAPORE and BANGKOK, THAILAND - Media OutReach Newswire - 19 May 2026 - Arrow Electronics, a global prov...

FPG Fortune Prime Global Marks 15th Anniversary

MELBOURNE, AUSTRALIA - Media OutReach Newswire – 19 May 2026 – FPG Fortune Prime Global marks its 15th anniversary as global trading platforms increasingly compete on infrastructure, execution qua...

HKUST 2nd AI Film Festival Concludes Successfully Showcasing Global Excellence in AI Creativity

Visionary Dialogues on AI Filmmaking Inspire Next Generation of Creative Talent HONG KONG SAR - Media OutReach Newswire - 19 May 2026 - The Hong Kong University of Science and Technology (HKUST) h...

Estuary by Vicky Cheng Brings Indulgent and Nourishing French Gastronomy to Galaxy Macau

A Pristine New Expression of Chef Vicky Cheng’s Culinary Excellence Arrives at the Award-Winning Luxury Resort MACAU SAR - Media OutReach Newswire - 19 May 2026 - Galaxy Macau upholds its status ...

Trump’s Beijing Welcome Banquet: Hisense Joins Top U.S. Tech Enterprises at Elite Table to Sustain Technological Leadership

BEIJING, CHINA - Media OutReach Newswire - 19 May 2026 - During Donald Trump's high-profile diplomatic visit to China, a state-level welcome banquet was hosted in Beijing, assembling global indust...

Aon Appoints Masahito Hirai as CEO for Japan

TOKYO, JAPAN - Media OutReach Newswire - 20 May 2026 - Aon plc (NYSE: AON), a leading global professional services firm, today announced the appointment of Masahito (Max) Hirai as CEO of J...

Six-Hands Set Inspired by Innovative Exotica Umami EX M Sauce Comes to Sagano & Flint

‘EX M Imperial Tastes of Umami & Kokumi’ highlights Kyoto-style flavours over 10 courses HONG KONG SAR - Media OutReach Newswire - 20 May 2026 - A culinary event like no other comes to Sagano...

Franklin Templeton and DigiFT Advance Institutional Tokenization Through Strategic BENJI Partnership

SINGAPORE - Media OutReach Newswire - 20 May 2026 - DigiFT, a regulated digital asset exchange for institutional-grade real-world assets, and Franklin Templeton, a global investment leader with US...

Phancy Reaches Strategic Partnership with Huanxi Media Pioneering the "AI + Entertainment" New Ecosystem

HONG KONG SAR - Media OutReach Newswire - 20 May 2026 - Phancy Group Co., Ltd. (Stock Code: 6682.HK), a leading Artificial General Intelligence (AGI) company, today announced that it has entered i...

MSIG Malaysia Teams Up With MyKasih To Support Underprivileged Students

KUALA LUMPUR, MALAYSIA - Media OutReach Newswire – 20 May 2026 - MSIG Insurance (Malaysia) Bhd ("MSIG Malaysia") has pledged RM100,800.00 to the MyKasih Foundation to support the 'Love My School' ...

Why self-service is reshaping fleet management for modern businesses

Fleet management today is constrained by fragmented systems and heavy administrative demands. A lot of the work still relies on booking vehicles and...

Fraud Prevention and security crucial as identity crime hits record highs in Australia

In a radically transformed risk landscape where the scale and speed of financial fraud have reached unprecedented levels, Australian businesses ar...

Sectorial ATO Tax Debt Disclosures Rise, Overall Business Credit Demand Flattens and High-Risk SME 'Credit Shopping' hits 8-month peak

Q1 2026 Equifax Business Market Pulse shows low-risk borrowers consolidate demand enquiries while sub-prime entities accelerate shopping activity ...

SME support in Federal Budget falls short of easing business pressures

“The Federal Budget delivered several measures aimed at supporting small businesses, including making the instant asset write-off permanent, exten...

Bunji dog treats to hit Ritchies shelves

Cooee Native Superfoods’ Bunji range of dog kibble and treats is rolling out across Ritchies Supermarkets now, with stock already on shelves in se...

Pre-Budget Expectations

“Australian corporates and SMBs are under pressure. Competition from global players is intensifying, margins are under strain, and technology adop...