Glaston Oyj Abp (HLSE:GLA1V) signed a binding agreement to acquire Bystronic Maschinen AG and Bystronic Lenhardt Gmb from Conzzeta AG (SWX:CON) for an enterprise value of €68 million on January 25, 2019. Glaston has secured committed debt and equity financing, subject to customary conditions and support of an extraordinary general meeting, respectively. Closing of the transaction is subject to regulatory approval and is expected by the end of first quarter of 2019.

Daniel Hasler, Gregor Bühler, Mario Wälti, Valentin Fluor, Isabel Guth, Mario Wälti, Noëmie Schär and Peter Müller of Homburger acted as legal advisors to Glaston Oyj Abp. Oliver Krall, Philipp Glock, Ema Buric, Wulff-Axel Schmidt, Dirk von Diringshofen, Daniel Lehmann, Denis Ullrich, Thomas Giering, Shen Yuan, Liao Yuhui, Thomas Thees, Anel Hrustic, Helmut Janssen and Tim Börker of Luther Rechtsanwaltsgesellschaft mbH acted as legal advisors to Glaston. Adrian Bingel, Johann Schrägle, Markus Martin, Oliver Wolf, Achim Dannecker, Hanna Datzer, Matthias Karl and Johannes Hertfelder of Gleiss Lutz acted as legal advisors to Conzzeta AG.