Zwiesel Glas and Fortessa announce merger
Zwiesel Kristallglas AG and Fortessa Tableware Solutions LLC have solidified their near 20-year cooperation with a formal merger. The combined strength of the two houses creates a global company within the tableware industry and allows them to bundle all joint activities. The aim is to become the world market leader for exceptional tableware.
As a global market leader in the crystal glass segment for the upscale hotel and catering industry, Zwiesel Glas, based in Zwiesel in Lower Bavaria, brings 150 years of experience and competence to the mix. In the past financial year, the company has achieved profits of over €100 million for the first time.
With its strong market position in the tableware sector, Fortessa already serves 80% of the North American high-end hotels and are in most leading lifestyle retailers, making it a premiere player in the market. Both business areas perfectly complement each other without overlapping.
The immense potential of this cooperation was already evident at the beginning of the year with the expansion of United Tables. Under the shared brand, the two companies offer a harmonious interplay of glass, porcelain and cutlery while offering unique professional concepts for an enjoyable get-together at the table.
Zwiesel Kristallglas and Fortessa Tableware Solutions will continue to operate independently. Prof. Dr. Andreas Buske will continue to act as a member of the Management Board of Zwiesel and as Chairman of the Supervisory Board of Fortessa. Scott Hamberger will remain CEO of Fortessa and become Deputy Chairman of the Supervisory Board of Zwiesel.
Image: Prof. Dr. Andreas Buske, CEO of Zwiesel Glas and Scott Hamberger, CEO of Fortessa announce the merger of their two companies. Photographer: Florian Eichinger.
