Hymson Expands in Europe with Xteg Acquisition

Hymson Laser Technology Group, a Shenzhen-based company, has announced its acquisition of Germany's Xteg, a laser cutting equipment provider. This move is set to strengthen Hymson's foothold in the European market. Hymson, established in 2008, offers a wide range of solutions for sheet metal applications. Xteg boasts a strong presence in Europe, with a team experienced in metal cutting industries.

With the acquisition, Hymson aims to integrate Xteg's local expertise with its research, development, and manufacturing prowess in China. The company plans to showcase its new partnership at the BlechExpo trade fair in Stuttgart on October 21. Products like HyLaser and HyAuto will be introduced to the European audience, highlighting innovations in precision, efficiency, and reliability.

The collaboration promises faster customer support and full lifecycle services, aiming at maximizing productivity and business success for clients. European customers will get their first look at this partnership's potential at the upcoming trade fair.