# Bystronic acquires TTM Laser S.p.A.

Bystronic, part of the Conzzeta Group, has signed an agreement to fully acquire Italian technology company TTM Laser S.p.A., which specializes in 3D laser cutting applications for tubes and profiles.

- Type: Acquisition
- Announced: 2018-03-20
- Where: Cazzago San Martino, Italy
- Status: announced
- Products: 3D laser cutting systems for tubes and profiles
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Bystronic](https://endata.com/companies/18407.md) (acquirer)
- [TTM Laser](https://endata.com/companies/18408.md) (target)
- [Conzzeta](https://endata.com/companies/18409.md) (partner)

## Sources

- [finanznachrichten.de](https://www.finanznachrichten.de/nachrichten-2018-03/43305988-conzzeta-bystronic-acquires-ttm-laser-s-p-a-200.htm), 2018-03-20: "In addition to the automated and networked processing of sheet metal, the additional processing of tubes and profiles is an important element for our customers to position themselves against the competition."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.
