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Xteg

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uuid004411h

Namestring
Xteg
Legal namestring
Xteg GmbH
Websiteurl
xteg.de
Company typeenum
Private
Founded yearstring
-
Descriptiontext

Xteg GmbH, now operating as "Hymson Xteg," is a German provider of customized fiber laser cutting solutions for metal and sheet metal processing, headquartered at Robert-Bosch-Str. 22, 74632 Neuenstein, Germany. Following its 2025 acquisition by China's Hymson Laser Technology Group Co., Ltd. (a STAR Market-listed entity with USD 637 million in annual revenue, 6,200+ employees, 820,000+ m² of production floor area, and 1,000+ patents), Xteg functions as the European sales and service arm of Hymson's laser cutting business, integrating Hymson's R&D and manufacturing scale with a local German-speaking service network and European spare parts center.

Xteg's product portfolio comprises three core offerings: the HyLaser PLUS, a cost-efficient fiber laser cutting system targeted at contract manufacturers and SMB job shops seeking reliability and versatility across diverse materials; the HyLaser PRO, a high-performance fiber laser with faster processing speeds and digital production integration aimed at industrial manufacturers with high-volume requirements; and HyAuto, a modular loading/unloading automation system enabling the transition from manual to fully automated production environments. The technical foundation rests on Hymson's proprietary fiber laser technology, with systems sold at various power levels and configurable for different automation degrees.

The business model is anchored in capital equipment sales of laser cutting machines and automation systems, supplemented by lifecycle professional services including consulting and project planning, operator training, delivery and commissioning, and ongoing maintenance and retrofitting. Pricing is quote-based, varying by laser power, configuration, and automation level. Go-to-market relies on direct enterprise field sales across Germany and Europe, supplemented by event-driven lead generation through trade shows such as BlechExpo (Stuttgart) and the company's own Fiber Days event in Neuenstein, with expansion into Italy via a localized Hymson website. Customer segments are horizontally distributed across contract manufacturers (Lohnfertiger) and industrial production facilities, with one publicly named reference customer, BlechManufaktur Fey & Olp, an SMB in metal fabrication.

Short descriptiontext

Xteg GmbH (Hymson Xteg) is a German provider of fiber laser cutting systems and modular automation solutions for European metal and sheet metal manufacturers, operating as the European sales and service arm of China's Hymson Laser Technology Group.

Operating statusenum
Acquired
Ownership categoryenum
Headcount rangeband
11–50
akta.pro rankint
HeadquartersNeuenstein, Germany
HQ citystring
Neuenstein
HQ countrystring
Germany
HQ regionstring
Europe
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
fiber laser cutting, sheet metal processing, laser automation systems, industrial cutting equipment, metal fabrication machinery
SIC code1 code
  • Special Industry Machinery (No Metalworking Machinery)3550
Product category
Industrial Laser Cutting Equipment
Social media profiles2 records
GTM motion2 records

Each record includes

Type, Description, Source

Revenue model3 records
1Laser Cutting Equipment Sales
TypeHardware Sales
Description

Sale of fiber laser cutting machines (HyLaser PLUS and HyLaser PRO product lines) to manufacturing companies, contract manufacturers, and industrial producers. Machines are sold with various power levels and automation capabilities to match different production requirements.

hymsonlasermachinery.de
2Automation Systems
TypeHardware Sales
Description

Sale of HyAuto modular automation systems for loading/unloading and production integration. Systems can be purchased standalone or integrated with laser cutting machines for enhanced productivity.

hymsonlasermachinery.de
3Service and Maintenance
TypeProfessional Services
Description

Comprehensive lifecycle support including consulting and project planning, training, delivery and commissioning, maintenance and retrofitting services. European spare parts center ensures reliable support.

hymsonlasermachinery.de
Marketing channels4 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels3 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Personnel, Supply Chain, Marketing or Sales, Operations, Infrastructure, Technology or R&D
Pricing details1 tier
1Custom equipment pricing based on customer requirements
ModelOtherBilling cadenceMulti-year contract
Notes

Quote-based pricing for HyLaser PLUS, HyLaser PRO, and HyAuto systems. Pricing varies based on laser power, automation level, and configuration requirements.

hymsonlasermachinery.de
GTM typeB2B
B2B
Offering typeHardware or Manufacturing
Hardware or Manufacturing
Brand1 of 3 records shown
1HyLaser PLUS
Description

High-quality fiber laser cutting systems optimized for reliability, ease of use, and cost efficiency. Ideal for contract manufacturers and manufacturers seeking a versatile machine for various materials and applications with consistent quality.

hymsonlasermachinery.de
+2 more records
Core offering1 text field

Xteg, operating as Hymson Xteg, sells and services fiber laser cutting machines (HyLaser PLUS and HyLaser PRO) along with modular automation systems (HyAuto) for metal and sheet metal processing customers in Germany and Europe. The company provides full lifecycle support including consulting, project planning, training, delivery, commissioning, and maintenance/retrofitting services from its Neuenstein, Germany headquarters.

Differentiator
Functional benefit
Problem solved
Product overview1 text field

Xteg operates as part of Hymson Laser Technology Group, offering a portfolio of fiber laser cutting equipment and automation solutions for the European market. The product lineup consists of three main offerings: HyLaser PLUS (cost-efficient fiber laser for contract manufacturers), HyLaser PRO (high-performance system for modern manufacturing with automation integration capabilities), and HyAuto (modular loading/unloading automation). Services include consulting, training, delivery/commissioning, and maintenance/retrofitting. Xteg's local European presence and sales network combine with Hymson's global R&D capabilities and manufacturing scale (6,200+ employees, 820,000+ m² production area, 1,000+ patents) to serve the European market.

Product and service7 records
1HyLaser PLUS
CategoryLaser cutting equipment
Description

High-quality fiber laser cutting system optimized for reliability, ease of operation, and cost efficiency. Designed for contract manufacturers and producers seeking a versatile machine for diverse materials and applications with consistent quality. Features robust construction and quick integration into production workflows.

2HyLaser PRO
CategoryLaser cutting equipment
Description

High-performance fiber laser cutting system designed for modern manufacturing environments. Offers higher dynamics, faster processing speeds, and improved process control. Engineered for seamless integration into automation systems and digital production environments, supporting the transition to connected manufacturing.

3HyAuto
CategoryIndustrial automation systems
Description

Modular loading and unloading automation system that enables the transition from manual operations to fully automated production environments. Supports customers at every stage of production development with flexible automation modules that can be incrementally integrated.

4Consulting & Project Planning (Beratung & Projektplanung)
CategoryProfessional services
Description

Expert consulting and project planning services for laser cutting system implementation and production optimization, provided to manufacturing customers as part of Hymson-Xteg's lifecycle support.

5Training (Schulungen)
CategoryProfessional services
Description

Comprehensive training services for operators and technical staff on Hymson-Xteg laser cutting equipment, supporting safe and effective operation.

6Delivery & Commissioning (Lieferung & Inbetriebnahme)
CategoryProfessional services
Description

Professional delivery and installation services for laser cutting systems and automation equipment, performed by Hymson-Xteg field engineers.

7Maintenance & Retrofitting (Wartung & Nachrüstung)
CategoryProfessional services
Description

Ongoing maintenance and upgrade services to extend equipment lifecycle and enhance performance of installed Hymson-Xteg laser cutting systems.

Scale indicator5 records

Each record includes

Type, Value, Description, Source

Partnership1 partner
Strategic tierFlagshipTypeStrategic or Co-development PartnerAnnounced on2025-10-15
Description

Xteg was acquired by Hymson Laser Technology Group Co., Ltd. to strengthen Hymson's presence in the European laser cutting market. Xteg contributes local sales expertise and market knowledge while Hymson provides R&D capabilities and manufacturing scale. The companies plan to showcase joint offerings at European trade shows including BlechExpo in Stuttgart.

Recent move7 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeRegional player
Description

US-based manufacturer of laser cutting and metal forming machinery. Comparable product offering (fiber laser cutting systems for metal fabrication) but primarily serves the North American market rather than Europe.

TypeDirect peer
Description

Italian manufacturer of laser cutting machines, punch-press systems, and bending equipment. Direct competitor in the European fiber laser cutting market, particularly in Italy and Southern Europe.

TypeDirect peer
Description

Italian manufacturer of flexible sheet metal working systems including laser cutting machines and integrated automation. Direct competitor in the European sheet metal fabrication market, with deep automation expertise.

TypeDirect peer
Description

Chinese industrial laser equipment manufacturer with global ambitions. Closest analog to Hymson in business model: large-scale Chinese laser manufacturer seeking European market access — direct competitor in the Chinese-origin laser segment.

TypeDirect peer
Description

Swiss-headquartered manufacturer of laser cutting systems, press brakes, and automation for sheet metal processing. Direct competitor to Hymson-Xteg across the European mid-market and industrial manufacturer segments.

TypeDirect peer
Description

Belgian manufacturer of sheet metal working machinery including laser cutting systems and automation. Direct competitor in the European contract manufacturing and industrial fabricator segment.

TypeBroad incumbent
Description

Japanese broad-line machine tool manufacturer with a significant fiber laser cutting product family. Larger incumbent offering overlapping laser cutting capability as part of a much wider machine tool portfolio.

TypeDirect peer
Description

German global market leader in industrial laser cutting machines and sheet metal fabrication systems. Direct competitor to Hymson-Xteg in the European fiber laser cutting segment, with a much larger installed base and brand recognition.

TypeDirect peer
Description

Japanese manufacturer of sheet metal machinery including fiber laser cutting systems. Direct competitor in industrial laser cutting with a strong European service network.

TypeBroad incumbent
Description

Global conglomerate whose industrial automation division includes fiber laser cutting systems. Larger incumbent offering laser cutting as part of a much broader industrial and electronics portfolio.

Market position
Strengths4 records

Each record includes

Headline, Details, Source

Weaknesses2 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers1 record

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment3 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile3 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature3 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Xteg

Industrial Laser Cutting Equipmentxteg.de

Xteg GmbH (Hymson Xteg) is a German provider of fiber laser cutting systems and modular automation solutions for European metal and sheet metal manufacturers, operating as the European sales and service arm of China's Hymson Laser Technology Group.

What Xteg does

Xteg GmbH, now operating as "Hymson Xteg," is a German provider of customized fiber laser cutting solutions for metal and sheet metal processing, headquartered at Robert-Bosch-Str. 22, 74632 Neuenstein, Germany. Following its 2025 acquisition by China's Hymson Laser Technology Group Co., Ltd. (a STAR Market-listed entity with USD 637 million in annual revenue, 6,200+ employees, 820,000+ m² of production floor area, and 1,000+ patents), Xteg functions as the European sales and service arm of Hymson's laser cutting business, integrating Hymson's R&D and manufacturing scale with a local German-speaking service network and European spare parts center.

Xteg's product portfolio comprises three core offerings: the HyLaser PLUS, a cost-efficient fiber laser cutting system targeted at contract manufacturers and SMB job shops seeking reliability and versatility across diverse materials; the HyLaser PRO, a high-performance fiber laser with faster processing speeds and digital production integration aimed at industrial manufacturers with high-volume requirements; and HyAuto, a modular loading/unloading automation system enabling the transition from manual to fully automated production environments. The technical foundation rests on Hymson's proprietary fiber laser technology, with systems sold at various power levels and configurable for different automation degrees.

The business model is anchored in capital equipment sales of laser cutting machines and automation systems, supplemented by lifecycle professional services including consulting and project planning, operator training, delivery and commissioning, and ongoing maintenance and retrofitting. Pricing is quote-based, varying by laser power, configuration, and automation level. Go-to-market relies on direct enterprise field sales across Germany and Europe, supplemented by event-driven lead generation through trade shows such as BlechExpo (Stuttgart) and the company's own Fiber Days event in Neuenstein, with expansion into Italy via a localized Hymson website. Customer segments are horizontally distributed across contract manufacturers (Lohnfertiger) and industrial production facilities, with one publicly named reference customer, BlechManufaktur Fey & Olp, an SMB in metal fabrication.

Xteg firmographics

Firmographics
Name
Xteg
Legal name
Xteg GmbH
Website
https://xteg.de
Company type
Private
Operating status
Acquired
Headcount range
11–50 employees
Short description
Xteg GmbH (Hymson Xteg) is a German provider of fiber laser cutting systems and modular automation solutions for European metal and sheet metal manufacturers, operating as the European sales and service arm of China's Hymson Laser Technology Group.
Ownership category
akta.pro rank

Where Xteg is headquartered

Location

Headquarters

HQ city
Neuenstein
HQ country
Germany
HQ region
Europe

Offices1 record

Markets served

Xteg business model

Business model
GTM type
B2B
Offering type
Hardware or Manufacturing
Cost components
Personnel, Supply Chain, Marketing or Sales, Operations, Infrastructure, Technology or R&D

Revenue model

  1. Laser Cutting Equipment Sales: Sale of fiber laser cutting machines (HyLaser PLUS and HyLaser PRO product lines) to manufacturing companies, contract manufacturers, and industrial producers. Machines are sold with various power levels and automation capabilities to match different production requirements.
  2. Automation Systems: Sale of HyAuto modular automation systems for loading/unloading and production integration. Systems can be purchased standalone or integrated with laser cutting machines for enhanced productivity.
  3. Service and Maintenance: Comprehensive lifecycle support including consulting and project planning, training, delivery and commissioning, maintenance and retrofitting services. European spare parts center ensures reliable support.

Pricing tiers

ModelBillingPrice
OtherMulti-year contractCustom equipment pricing based on customer requirements

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Xteg product offering

Product offering

Core offering

Xteg, operating as Hymson Xteg, sells and services fiber laser cutting machines (HyLaser PLUS and HyLaser PRO) along with modular automation systems (HyAuto) for metal and sheet metal processing customers in Germany and Europe. The company provides full lifecycle support including consulting, project planning, training, delivery, commissioning, and maintenance/retrofitting services from its Neuenstein, Germany headquarters.

Product overview

Xteg operates as part of Hymson Laser Technology Group, offering a portfolio of fiber laser cutting equipment and automation solutions for the European market. The product lineup consists of three main offerings: HyLaser PLUS (cost-efficient fiber laser for contract manufacturers), HyLaser PRO (high-performance system for modern manufacturing with automation integration capabilities), and HyAuto (modular loading/unloading automation). Services include consulting, training, delivery/commissioning, and maintenance/retrofitting. Xteg's local European presence and sales network combine with Hymson's global R&D capabilities and manufacturing scale (6,200+ employees, 820,000+ m² production area, 1,000+ patents) to serve the European market.

Differentiator

Problem solved

Functional benefit

Brands

  • HyLaser PLUS: High-quality fiber laser cutting systems optimized for reliability, ease of use, and cost efficiency. Ideal for contract manufacturers and manufacturers seeking a versatile machine for various materials and applications with consistent quality.
  • HyLaser PRO
  • HyAuto

Products and services

  • HyLaser PLUS High-quality fiber laser cutting system optimized for reliability, ease of operation, and cost efficiency. Designed for contract manufacturers and producers seeking a versatile machine for diverse materials and applications with consistent quality. Features robust construction and quick integration into production workflows.
  • HyLaser PRO High-performance fiber laser cutting system designed for modern manufacturing environments. Offers higher dynamics, faster processing speeds, and improved process control. Engineered for seamless integration into automation systems and digital production environments, supporting the transition to connected manufacturing.
  • HyAuto Modular loading and unloading automation system that enables the transition from manual operations to fully automated production environments. Supports customers at every stage of production development with flexible automation modules that can be incrementally integrated.
  • Consulting & Project Planning (Beratung & Projektplanung) Expert consulting and project planning services for laser cutting system implementation and production optimization, provided to manufacturing customers as part of Hymson-Xteg's lifecycle support.
  • Training (Schulungen) Comprehensive training services for operators and technical staff on Hymson-Xteg laser cutting equipment, supporting safe and effective operation.
  • Delivery & Commissioning (Lieferung & Inbetriebnahme) Professional delivery and installation services for laser cutting systems and automation equipment, performed by Hymson-Xteg field engineers.
  • Maintenance & Retrofitting (Wartung & Nachrüstung) Ongoing maintenance and upgrade services to extend equipment lifecycle and enhance performance of installed Hymson-Xteg laser cutting systems.

Companies that use Xteg

Customer profile

Named customers1 record

Segments3 records

Ideal customer profiles3 records

Xteg technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature3 records

Xteg partnerships and signals

Strategic signal

Partnerships

One partnership is on record.

  • Hymson Laser Technology Group Co., Ltd.flagshipStrategic or Co-development Partner · 15 October 2025Xteg was acquired by Hymson Laser Technology Group Co., Ltd. to strengthen Hymson's presence in the European laser cutting market. Xteg contributes local sales expertise and market knowledge while Hymson provides R&D capabilities and manufacturing scale. The companies plan to showcase joint offerings at European trade shows including BlechExpo in Stuttgart.

Scale indicators5 records

Recent moves7 records

Expansion highlights5 records

Xteg competitors and assessment

Company assessment

Regional players

  • Cincinnati Incorporated: US-based manufacturer of laser cutting and metal forming machinery. Comparable product offering (fiber laser cutting systems for metal fabrication) but primarily serves the North American market rather than Europe.

Direct peers

  • Prima Power: Italian manufacturer of laser cutting machines, punch-press systems, and bending equipment. Direct competitor in the European fiber laser cutting market, particularly in Italy and Southern Europe.
  • Salvagnini: Italian manufacturer of flexible sheet metal working systems including laser cutting machines and integrated automation. Direct competitor in the European sheet metal fabrication market, with deep automation expertise.
  • Han's Laser: Chinese industrial laser equipment manufacturer with global ambitions. Closest analog to Hymson in business model: large-scale Chinese laser manufacturer seeking European market access — direct competitor in the Chinese-origin laser segment.
  • Bystronic: Swiss-headquartered manufacturer of laser cutting systems, press brakes, and automation for sheet metal processing. Direct competitor to Hymson-Xteg across the European mid-market and industrial manufacturer segments.
  • LVD Group: Belgian manufacturer of sheet metal working machinery including laser cutting systems and automation. Direct competitor in the European contract manufacturing and industrial fabricator segment.
  • Trumpf: German global market leader in industrial laser cutting machines and sheet metal fabrication systems. Direct competitor to Hymson-Xteg in the European fiber laser cutting segment, with a much larger installed base and brand recognition.
  • Amada: Japanese manufacturer of sheet metal machinery including fiber laser cutting systems. Direct competitor in industrial laser cutting with a strong European service network.

Broad incumbents

  • Mazak: Japanese broad-line machine tool manufacturer with a significant fiber laser cutting product family. Larger incumbent offering overlapping laser cutting capability as part of a much wider machine tool portfolio.
  • Mitsubishi Electric: Global conglomerate whose industrial automation division includes fiber laser cutting systems. Larger incumbent offering laser cutting as part of a much broader industrial and electronics portfolio.

Market position

Strengths4 records

Weaknesses2 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

Xteg social profiles

Digital presence

Xteg financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Xteg leadership team

Management profile

Number of profiles

Xteg funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Xteg M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Xteg

What does Xteg do?

Xteg, operating as Hymson Xteg, sells and services fiber laser cutting machines (HyLaser PLUS and HyLaser PRO) along with modular automation systems (HyAuto) for metal and sheet metal processing customers in Germany and Europe. The company provides full lifecycle support including consulting, project planning, training, delivery, commissioning, and maintenance/retrofitting services from its Neuenstein, Germany headquarters.

Is Xteg a public or private company?

Xteg is a private company. It is classified as corporate owned and is currently acquired.

When was Xteg founded?

Xteg was founded in -1. It employs 11 to 50 people.

Where is Xteg based?

Xteg is headquartered in Neuenstein, Germany, in the Europe region.

How does Xteg make money?

Three revenue lines are on record. Laser Cutting Equipment Sales are the primary driver. The others are automation Systems and service and Maintenance.

Who are Xteg's main competitors?

Cincinnati Incorporated is listed as a regional player. Direct peers are Prima Power, Salvagnini, Han's Laser, Bystronic, LVD Group, Trumpf and Amada. Broad incumbents are Mazak and Mitsubishi Electric.

Does Xteg have an API?

No public API is recorded for Xteg.

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Live signals
FinancialContent Business PageBeyond Sheet Metal: Hymson’s Journey Continues with EuroBLECH & FABTECH 2026Hymson Laser Machinery will showcase its sheet metal and tube laser cutting solutions at EuroBLECH 2026 in Hannover and FABTECH 2026 in Las Vegas. The company confirmed full integration of its October 2025 acquisition of German laser specialist Xteg, expanding its European sales and service network. It also highlighted its R&D investment of USD 86 million and projected 2026 revenue of USD 939 million.EIN PresswireBeyond Sheet Metal: Hymson’s Journey Continues with EuroBLECH & FABTECH 2026Hymson Laser Machinery will showcase its sheet metal and tube laser cutting solutions at EuroBLECH 2026 in Hannover and FABTECH 2026 in Las Vegas. The company confirmed full integration of its October 2025 acquisition of German laser specialist Xteg, expanding its European sales and service network. It also highlighted its R&D investment of $86 million and projected 2026 revenue of $939 million.GlobeNewswireHymson Acquires Germany’s Xteg to build presence in European Laser Cutting MarketHymson Laser Technology Group Co., Ltd., a Chinese laser and intelligent manufacturing company headquartered in Shenzhen, announced on October 10, 2025 the full acquisition of Xteg, a German fiber laser cutting equipment and service provider, to strengthen its presence in the European market. The acquisition integrates Xteg's local European sales and service capabilities with Hymson's R&D and manufacturing strengths in China, positioning the combined entity to better compete in Europe's laser cutting segment. The first joint appearance of "Hymson × Xteg" will be at the BlechExpo trade fair in Stuttgart on October 21, 2025.EIN PresswireHymson Acquires Germany’s Xteg to build presence in European Laser Cutting MarketOn October 10, 2025, Hymson Laser Technology Group Co., Ltd. announced the full acquisition of Xteg, a German fiber laser cutting equipment and service provider, marking the Chinese company's entry into the European market. The deal combines Xteg's local sales, service network, and market expertise in Europe with Hymson's R&D capabilities and manufacturing strength in China. The first joint appearance of "Hymson × Xteg" will be at BlechExpo in Stuttgart on October 21, 2025, where they will present their combined product portfolio including HyLaser, HyTube, HyTower, and HyAuto series.SalesTech StarHymson Acquires Germany’s Xteg to Build Presence in European Laser Cutting MarketHymson Laser Technology Group Co., Ltd., a Shenzhen-based Chinese laser and intelligent manufacturing company founded in 2008, announced the full acquisition of Xteg, a German laser cutting equipment and service provider, to strengthen its footprint in the European market. The acquisition combines Xteg's local sales, service expertise, and deep European market localization with Hymson's R&D and manufacturing capabilities in China. The first joint appearance of "Hymson × Xteg" will take place at the BlechExpo trade fair in Stuttgart on October 21, where the companies plan to introduce their combined product portfolio to European customers.FutunnHymson has officially completed the full acquisition of German Xteg.Hymson Laser Technology Group has officially completed the full acquisition of German Xteg, a provider of high-end laser cutting equipment and services. The deal marks Hymson's strategic entry into the European mid-to-high-end laser cutting market, combining Xteg's capabilities with Hymson's existing operations. Going forward, both companies plan to accelerate a product strategy offering standardized configurations with value-added features, customized equipment services, and comprehensive after-sales support for European customers.Eqs-newsHymson Acquires Germany’s Xteg to build presence in European Laser Cutting MarketHymson Laser Technology Group Co., Ltd., a Chinese fiber laser cutting equipment specialist headquartered in Shenzhen, announced on October 10, 2025 the full acquisition of Xteg, a German laser cutting equipment and service provider. Through this transaction, Hymson seeks to integrate Xteg's local European sales and service capabilities with its own R&D and manufacturing strengths based in China to strengthen its competitiveness in the European market. The combined entity will make its first joint market appearance at the BlechExpo trade fair in Stuttgart on October 21, showcasing Hymson's product portfolio including the HyLaser, HyTube, HyTower, and HyAuto series alongside Xteg's localized expertise.