Glaston and Burghard Schneider have together agreed that Mr Schneider will leave the Group. Dr. Burghard Schneider has been responsible for the Bystronic glass business since 2014 and member of the Executive Management Group (EMG) as of April 1st, 2019.
Glaston Corporation completed on 1 April 2019 the acquisition of Swiss-German based globally operating high-end machinery, systems and services provider for the processing of glass, Bystronic glass. The acquisition supports Glaston’s ambition to further strengthen its position in the glass processing value chain. The acquisition was announced on 25 January 2019.
Glaston Corporation has signed an agreement to acquire the Bystronic glass Group. The globally operating high-end machinery, systems and services provider for the processing of flat glass is currently owned by Swiss industrial holding company Conzzeta AG. Bystronic glass has a comprehensive range of products, highly complementary to Glaston’s, for the Architectural, Automotive and Display markets.