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Conzzeta: Strategic transformation completed - Conzzeta reaches agreement to divest Mammut - Vimarsana News

Conzzeta: Strategic transformation completed - Conzzeta reaches agreement to divest Mammut

Conzzeta: Strategic transformation completed - Conzzeta reaches agreement to divest Mammut Conzzeta / Key word(s): Disposal 26-Apr-2021 / 07:00 CET/CEST Release of an ad hoc announcement pursuant to Art. 53 KR The issuer is solely responsible for the content of this announcement. Strategic transformation completed Conzzeta reaches agreement to divest Mammut Zurich, April 26, 2021 - Conzzeta reports the signing of a binding agreement to divest its Mammut business unit to Telemos Capital, London, UK. Telemos Capital was founded and is chaired by Philippe Jacobs, who is also Co-Chairman of Jac...

Source: dgap.de
Mammut Acquired By Telemos Capital | SGB Media Online - Vimarsana News

Mammut Acquired By Telemos Capital | SGB Media Online

Swiss holding company Conzzeta announced that it had reached an agreement to sell Mammut to financial investor Telemos Capital. In December 2019, Conzzeta said it had decided to explore sales offers for Mammut after determining the company’s future focus would be on its Bystronic business unit. “I am extremely proud of our entire team and our development over recent years. Today’s announcement is great news,” said CEO of Mammut Sports Group, Oliver Pabst. “Steered by our purpose ‘To Create a World Moved by Mountains’, we’re looking forward to working with Telemos and with our ...

Conzzeta: Annual results 2020 - lower revenue and result due to pandemic - consistent strategy implementation - Vimarsana News

Conzzeta: Annual results 2020 - lower revenue and result due to pandemic - consistent strategy implementation

-11.2% - 1 At stable exchange rates and in the Chemical Specialties segment adjusted for the change in the scope of consolidation. 2 2020 excluding divestment gain of CHF 47.4 million from the disposal of the Schmid Rhyner business unit. The Sheet Metal Processing segment (Bystronic) generated net revenue of CHF 801.4 million in 2020 (previous year: CHF 936.0 million). At stable exchange rates, revenue declined by 9.4%. Order intake was CHF 777.4 million (CHF 929.4 million), 11.4% lower than the previous year on the same basis, and the order book level at year-end was CHF 206.8 million (CHF 2...

EQS-Adhoc : Conzzeta: Annual results 2020 - lower revenue and result due to pandemic - consistent strategy implementation - Vimarsana News

EQS-Adhoc : Conzzeta: Annual results 2020 - lower revenue and result due to pandemic - consistent strategy implementation

Message : Required fields EQS Group-Ad-hoc: Conzzeta / Key word(s): Annual Results/Dividend Conzzeta: Annual results 2020 - lower revenue and result due to pandemic - consistent strategy implementation 16-March-2021 / 06:27 CET/CEST Release of an ad hoc announcement pursuant to Art. 53 KR The issuer is solely responsible for the content of this announcement. =---------------------------------------------------------------------------------------------------------------------- Annual results 2020 Lower revenue and result due to the pandemic - consistent strategy implementation - Net re...

Conzzeta: Executive Committee to step down - Name change and appointment of Bystronic's management - Vimarsana News

Conzzeta: Executive Committee to step down - Name change and appointment of Bystronic's management

Conzzeta: Executive Committee to step down - Name change and appointment of Bystronic's management 16-March-2021 / 06:30 CET/CEST Release of an ad hoc announcement pursuant to Art. 53 KR The issuer is solely responsible for the content of this announcement. Conzzeta's Executive Committee to step down Name change and appointment of Bystronic's management Zurich, March 16, 2021 - As a further step in the ongoing strategic transformation, Conzzeta's Executive Committee will step down at the upcoming Annual General Meeting on April 21, 2021. The Board of Directors of Conzzeta AG will propose to ...