Cidan Machinery of Sweden has acquired long-bed folding machine producer Thalmann Maschinenbau, based in Frauenfeld, Switzerland. The 50 employees of Thalmann will join the Cidan Machinery Group and remain employed at Frauenfeld. This acquisition marks a major step forward for both companies, creating a sheet metal equipment manufacturer and software developer that integrates all operations from decoiling to folding.
Petter Hjelmqvist, CEO and president of Cidan Machinery, says: “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.”
For further information https://cidanmachinery.com