TPT July 2018

I NDUS T RY

Bystronic acquires tube machining equipment manufacturer

In the months since the partnership agreement was instigated, positive feedback from customers has shown that there is a strong demand in many markets for even closer collaboration between the companies. For the time being, TTM Laser will continue as a brand and will be known as a member of Bystronic. Fiorenzo Castellini, the current CEO of TTM Laser, will retire and hand over responsibility to the remaining management team. Bystronic CEO Alex Waser com- mented, “With the fusion of Bystronic and TTM Laser, our customers are gaining access to a unique range of technologies and innovations for their sheet metal processing requirements from a single source. TTM Laser’s know-how and technology portfolio ideally complement Bystronic’s existing products with world-class systems for tube and profile processing. The goals of the takeover are to jointly push forward innovative, versatile manufacturing solutions and to provide an enhanced range of services.”

by the two companies last November. The takeover will enhance Bystronic’s existing range of technologies with the addition of 2D and 3D laser systems for cutting profiles and tubes from 12 to 815mm in diameter, as well as with equipment for welding large-format metal sheets. Active in the market since 2001, TTM Laser achieved a turnover of approximately €14mn in 2017.

SWISS sheet metal equipment manu- facturer Bystronic, which produces fibre laser cutting machines, automation solutions and press brakes for processing flat material, announced at the beginning of April that it is to take over TTM Laser SpA, an Italian manufacturer of laser-based tube and profile cutting machines, following the strategic partnership jointly agreed

Bystronic is taking over TTM Laser, opening up a wider range of technologies and innovations in sheet metal processing

Bystronic UK Ltd – UK Email: info.laser@bystronic.com Website: www.bystronic.com

Corporate ID and new web design underscore successful merging

“Asmag is pleased with the overall attendance and the quality of discussions. The outlook for the next few years is encouraging for our company,” concluded Mr Plank.

partner Upcast was well frequented and visitors took interest in their technology.” Seuthe staff greeted customers, both new and old, and sales engineers spent time with visitors explaining Seuthe technologies and answering questions. A highlight at any show is when customers place orders. As a testimony to Seuthe’s innovative technology a customer just did that and placed an order for two tube welding lines. Ingenia, the newest member of the Asmag Group, also had its debut at Tube. Known for its material handling automation, crane technology and pre- treatment expertise, Ingenia had a tremendous success at the show.

ASMAG Group participated at this year’s Tube and wire Düsseldorf show with booths in both sections of the trade fair. With a steady stream of show attendees Asmag enjoyed a busy event over the five days. Agreat number of international visitors came with serious interest and active projects. Representatives of Asmag’s office in Italy and the company’s US subsidiary were also on hand to directly support customers from their respective markets. “The high number of qualified leads reflect an excellent worldwide economic situation,” commented Herbert Plank, vice-president of sales and marketing. “Our booth at the wire section with our

Asmag GmbH – Austria Email: sales@asmag.at Website: www.asmag.at Seuthe GmbH – Germany Email: sales@seuthe.com Website: www.seuthe.com Ingenia GmbH – Austria Email: office@ingenia.at Website: www.ingenia.at

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JULY 2018