Recently, Hymson has officially completed the full acquisition of Xteg, a premium German laser cutting equipment and service provider, marking the full launch of its strategic expansion into the mid-to-high-end laser cutting market in Europe. Through this acquisition, Hymson has not only gained Xteg’s established reputation and extensive sales channels in European and American markets but has also achieved an optimal integration of German local sales and service with high-quality Chinese manufacturing and innovation, enabling rapid market penetration in Europe.
The acquisition of Germany’s Xteg represents another key strategic move by Hymson to deepen its presence in the European market. In March of this year, Hymson also successfully signed a strategic acquisition agreement with Switzerland’s Leister Group, fully acquiring Leister’s laser plastic welding business. This acquisition has endowed Hymson with the globally unique patented “GLOBO Welding” technology, empowering manufacturing innovations in automotive engineering, medical technology, sensor technology, and other fields.
