On April 1, 2019, Glaston Corp. completed its acquisition of Bystronic, a Swiss-German based provider of machinery, systems and services for glass processing. The acquisition was originally announced on January 25, 2019.

Glaston and Bystronic have fully complementary offerings, according to the company. Through the combination, the company holds a product range from tempering, bending, laminating and insulating glass manufacturing to glass handling, automotive and display glass pre-processing.

“The acquisition, which is a major step in the execution of our strategy, is a response to market demand for efficiency, more demanding requirements for glass features, safety and quality as well as an increased focus on services. With our combined capabilities and expertise, we will be able to offer customers equipment, services and solutions from one supplier optimizing customer operations and driving customer value,” says Glaston Corp. president and CEO Arto Metsänen. “The combined services offering will lead to appealing advantages for the customers and provide a base for further development of services covering the whole glass processing chain in the future. I warmly welcome Bystronic’s employees to Glaston and this exciting journey.”

Changes to the Executive Management Group 

In connection with the completion of the acquisition, Glaston has made changes to its executive management group (EMG). As of April 1, the EMG will consist of CEO Arto Metsänen, COO and integration lead Sasu Koivumäki and Burghard Schneider, who will be responsible for Bystronic. Beginning May 1, 2019, Juha Liettyä will be responsible for Glaston technologies. Päivi Lindqvist will continue in her position as CFO.

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