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Lincoln Electric acquires Zeman Bauelemente

April 6, 2021 - Lincoln Electric Holdings Inc., Cleveland, announced that it has acquired Zeman Bauelemente Produktionsgesellschaft m.b.H., a division of the Zeman Group.

Headquartered in Vienna, Austria with facilities in Scheifling, Austria, Zeman Bauelemente is a designer and manufacturer of robotic assembly and arc welding systems that automate the tacking and welding of steel beams. The company’s systems are primarily sold under the Steel Beam Assembler (SBA) name and serve customers in the structural steel and infrastructure sectors globally. The addition of Zeman Bauelemente, increases Lincoln Electric’s annual automation sales by approximately 10 percent and expands its international automation capabilities as part of its Higher Standard 2025 Strategy.

“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.”

Terms of the transaction were not disclosed.

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