CIDAN Machinery Group AB acquires Thalmann Maschinenbau AG.
CIDAN Machinery Group has acquired long folder producer Thalmann Maschinenbau based in Switzerland.
CIDAN Machinery Group is a world leading, innovative supplier to the sheet metal industry. The group operates manufacturing locations in Sweden and Austria and has office locations in several European countries, the United States and China. The headquarters of the company, founded in 1907, is based in Götene, Sweden.
Thalmann Maschinenbau is a world leading company in long folding technology. The company has a strong track record of bringing innovations to the market that lead to significant efficiency improvements, cost reductions and higher precision and flexibility of the folding process. The company was founded in 1960 and operates from Frauenfeld, Switzerland.
With the acquisition of Thalmann Maschinenbau AG, CIDAN is adding yet another strong brand to its already strong portfolio that includes CIDAN, Forstner and NuIT
The Thalmann location in Switzerland will remain the major hub for long folder innovation and production. The 50 employees of Thalmann will be joining the CIDAN Machinery Group and remain employed at Frauenfeld. CIDAN is committed to build on the strengths of the existing team with the aim to further grow the business of long folders within the group.
The acquisition marks a major step forward for both companies, creating a sheet metal equipment manufacturer and software developer that integrates all unit operation from de-coiling to folding that includes long folders.
Petter Hjelmqvist, CEO and President of CIDAN Machinery Group AB commented; “Our strategy is based on delivering innovations that customers want, providing impeccable service and supplying top quality products. The acquisition of Thalmann fits perfectly in this strategy. CIDAN and Thalmann already share a great history together. Over a period of many years both companies have established a number one position for long folders in the Americas. With Thalmann now being part of the CIDAN group, I am convinced that CIDAN will make Thalmann stronger and Thalmann will make CIDAN stronger. We look forward growing the CIDAN business and the business of our customers.”
This acquisition and combined strengths of both companies will bring additional benefits to customers. The strategy of CIDAN is to become a “One-Stop-Partner” for sheet metal processing industry. From now on sheet metal processors will have one point of contact to purchase a broader range of sheet metal processing equipment software solutions and have one team taking care of service and after sales support.
The combination of CIDAN, Forstner, NuIT and Thalmann in one group will offer great opportunities to further integrate a complete sheet metal production line. Industry 4.0 and digitalization, combined with the in-house development of integrated software solutions will add additional benefits to customers. These benefits include optimizing supply chain processes and lean manufacturing as well as opportunities for e-commerce solutions. The one-stop-shop concept provides a complete production line and service offer from coil to folded sheet-metal, including long folding.
Chandler Barden, President of CIDAN Machinery Americas said: “Within North America CIDAN and Thalmann have been successful building a great reputation and customer base. With the acquisition of Thalmann by CIDAN Machinery Group we have built a better platform for success and service to our customer. We are getting stronger every day, and this announcement is a leap forward. This is just the beginning and there is more to come.”
The Team in Frauenfeld will be strengthened directly on-site with Gerhard Zech. He will be the CEO. Gerhard Zech works successfully for Forstner in Austria and CIDAN Germany as operations manager and CEO since many years and will also take charge in Frauenfeld.
Shaping tomorrow’s world
Customers in sheet metal processing are looking for clear benefits. According to CIDAN, customers want their equipment supplier to provide: a flawlessly operating machine park; automated solutions that will reduce costs, increase efficiencies and improve safety; a responsive service operation and opportunities to grow.
As a global supplier of cutting-edge sheet metal machinery, CIDAN Machinery Group is putting the customer and business partners at the heart of its strategy. Trust, integrity and transparency are values that CIDAN has at the basis of building authentic partnerships.
With this strategy and these values CIDAN are convinced that they will live the brand promise: CIDAN will be “Shaping tomorrow’s world“.
Chandler Barden (President of CIDAN Machinery Americas) is
pleased with the successful acquisition of Thalmann Maschinenbau.
In the future continued attention will be given to further development of innovative solutions
that provide sheet metal processing companies with real added value and additional benefits.
The Thalmann factory and headquarter are based in Frauenfeld, Switzerland.
The future of the 50 employees and location are secured for the long term and geared towards further growth.
Together CIDAN, Thalmann, Forstner and nuIT will be even stronger in automation.
The group has already develoed a flexible, fully automated line for sheetmetal trims where nuIT is
the brain that simplify and rationalice custmers metal trim production.
As a One-Stop-Partner, the CIDAN Machinery Group offers machine,
service and software solutions for sheet metal processing companies of all sizes.