Bystronic acquires Italian tube laser cutting firm TTM
- Published: March 20, 2018
Bystronic is expanding its metal fabricating reach with the acquisition of Italian tube laser cutting and laser welding equipment manufacturer TTM.
Alex Waser, CEO of Bystronic says that acquisition is a benefit to customers.
"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. Now that Bystronic has come together with TTM Laser, our customers are set to gain access to a unique range of technologies for their sheet metal processing. Together, we want to promote innovative manufacturing solutions."
TTM Laser is an Italian company specializing in the design and production of laser machines for the cutting and welding of tubes and metal sheets.
With TTM Laser S.p.A.’s technologies, Bystronic is strengthening its existing portfolio with applications for tubes with diameters between 12 and 815 millimeters and for profiles. In addition, Bystronic is expanding its portfolio with solutions for the laser welding of large-format metal sheets.