Acquires Zeman Bauelemente
April 1, 2021. Lincoln Electric Holdings, Inc. (Nasdaq: LECO) announced today that it has acquired Zeman Bauelemente Produktionsgesellschaft m.b.H. (“Zeman Bauelemente”), a division of the Zeman Group.
“We are excited to welcome the Zeman Bauelemente team to Lincoln Electric and integrate their unique offering into our industry-leading automation portfolio,” said Christopher L. Mapes, Chairman, President and Chief Executive Officer. “The combination of the SBA and our PythonX® solutions offers structural steel fabricators the advantage of greater productivity and capacity to meet the growing demand from structural steel and infrastructure projects.”
“We are pleased to join Lincoln Electric and share their commitment to innovation, quality and service,” said Andreas Hofer, Managing Director of Zeman Bauelemente. “We are looking forward to being able to advance the adoption of the SBA technology and enhance its value proposition to serve new and existing customers.”
To read the full press release, please visit the Lincoln Electric website.
In 1965 Mr. Hans Zeman and his Partners founded a company to produce structural steel buildings. Their first projects were completed under a fly roof or in the open air, before the first production hall was erected in Scheifling, a village in the foothills of the Alps. Early on, Zeman was developing and adapting rollforming machines for trapezoidal sheets production and quickly became the market leader in Central Europe. These are the roots of the Zeman Machines company.
Since 1965, the group has grown to 20 companies across Europe with more than 700 employees. Within the past 10 years, Zeman Machines has produced and installed over 70 machines worldwide.
The 3 major business segments covered by the Zeman Group: Design & Engineering, Steel Structure Fabrication and Steel Fabrication Automation work together to prove our competence. More than 55 years in the business and the success that our customers around the world report as a result of their investment is something we are very proud of. Our R&D and innovative products help both the Zeman Group and the industry as a whole.
Zeman Machines is globally recognised as turn-key specialists, able to create a steel facility from the ground up as a service for our customers. We offer everything needed to turn your “green field” into a functioning structural steel and/or cladding facility including design, commissioning, all the needed logistical and assembly machinery, full employee hiring and training and more. We design and build to the highest standard of automation and efficiency focused on achieving profitability in the fastest possible timeframe.