Google AI
The Times Australia

Times Media

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.

Times Magazine

Still Want to Change Gears? The New Cars Keeping the Manual Alive in Australia

For decades, learning to drive meant mastering the clutch pedal, selecting the right gear and find...

SpaceX changed spaceflight. Now China is proving reusable rockets are the new battleground.

When SpaceX first landed a Falcon 9 booster vertically on a floating drone ship, many experts desc...

Hybrid, Plug-in Hybrid or Electric? Understanding the Differences

Buying a new car has become more complicated than choosing between petrol and diesel. Today's buye...

Technology

SpaceX changed spaceflight. Now Chi…

When SpaceX first landed a Falcon 9 booster vertically on a floating drone ship, many experts desc...

Local News

Fremantle Ports to trial project to…

Fremantle Ports has partnered with Byssal and DevelopmentWA to trial an innovative nature-based pilo...

Culture

Healthy Eating: What Does a Science-Based Die…

After years of changing food trends—from low-fat to low-carbohydrate, detoxes and "superfoods"—it ...

Travel

Korea Tourism Organization Invites Australian…

The Korea Tourism Organization (KTO) has launched Korea Unlocks More of You, a new national campai...

The Times Features

Korea Tourism Organization Invites Australians to Unloc…

The Korea Tourism Organization (KTO) has launched Korea Unlocks More of You, a new national campai...

Immigration Numbers Are a Policy Debate, Not a Race Deb…

Immigration has long helped shape modern Australia. New arrivals have contributed to the nation's...

One Nation at 29: Protest Party or Permanent Political …

Twenty-nine years ago, when Pauline Hanson's One Nation was officially formed in 1997, many politi...