CIDAN Machinery Group has acquired Thalmann Maschinenbau. CIDAN operates manufacturing locations in Sweden and Austria and has office locations in several European countries, the United States and China. Founded in 1907, it is headquartered in Götene, Sweden.
Thalmann Maschinenbau is a world leading company in long folding technology. The company has a 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 Machinery Group is adding 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.
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.”