Page 37 - Glass-Technology International no. 3-2019
P. 37

The announcement of Glaston’s

         acquisition of Bystronic glass                                      COMPANY UPDATE

         shows how this company is

         continuing along its route to


          become a leading player in                 Glaston

          heat treatment technologies

           and insulating glass as well

           as in cutting and grinding              STRATEGY REVIEW

           technologies. This article

            takes us through the steps that             AND FINANCIAL

            Glaston will now be making to


            ensure this goal is reached.         TARGETS UPDATES











                                                                                      Bystronic glass & Glaston teams in Russia
                                                                                      celebrating day one at MirStekla



                                                                                        ton as well as leveraging the
                                                                                        know-how Bystronic glass
                                                                                        adds will allow Glaston to
                                                                                        build a strong machinery
                                                                                        and services offering as
                                                                                        well as the ability to capture
                                                                                        new growth opportunities.
                                                                                        Implementing a joint op-
                                                                                        erating model will support
                                                                                        the company in reaching
                                                                                        its strategic goals and in
                                                                                        realizing the full potential
                                                                                        of combining Glaston and
                                                                                        Bystronic glass.
                                                                                        Glaston’s overall strategic
                                                                                        goal remains unchanged:
                                                                                        their ambition is to be the
                                                                                        industry’s innovative tech-
                  laston  has  re-  as a result of its acquisition   seek growth in their core   nology leader, realizing its
                  viewed its strat-  of Bystronic glass.       business and to profit in the   customers’ highest ambi-
           G egy and updated        The foundation of the strat-  services field through digi-  tions in glass.
           its financial targets for the   egy remains unchanged;   talization. The strengths of   Glaston’s purpose is to
           strategy period 2018–2021   Glaston will continue to   Bystronic glass and Glas-  build a better tomorrow




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