Acquisition expands European product portfolio and strengthens European service capability
Alfeld, Germany – 1 August, 2018 – Simpson Technologies (Deutschland) GmbH, a subsidiary of Simpson Technologies Corporation in the USA specializing in process solutions for the metal casting and chemical process industries, announced today the acquisition of Webac Gesellschaft für Maschinenbau mbH (“Webac”) in Euskirchen, Germany together with its subsidiaries Webac Maskin AB in Stockholm, Sweden and Webac s.r.o. in Pribram, Czech Republic. Webac has 56 years of experience in Germany providing advanced process technology and customized plants for the foundry and oil & gas industries.
“Simpson and Webac share a commitment to deliver to customers innovative technologies with excellent service levels and support,” said André Klimm, Managing Director of Simpson Technologies (Deutschland) GmbH. “Acquiring Webac and their talented team will strengthen our ability to service customers in Europe while offering Webac customers access to Simpson’s industry- leading products, including the largest portfolio of sand preparation and control technologies in the world.”
Webac will strengthen and expand Simpson’s product line to include thermal sand reclamation technology & plants, core sand preparation technology and plants, fully engineered sand preparation systems and projects and frac sand processing technology for the oil & gas industry. Webac also adds key infrastructure and capacity in manufacturing, warehousing and logistics.
“The acquisition of Webac is our sixth acquisition in the last 20 years and the second in Europe since acquiring the former Georg Fischer sand laboratory equipment business from DISA Industrie AG in 2008. This shows our commitment to the European market and to the growth of our European business,” said Bruce Dienst, Chief Executive Officer, Simpson Technologies. “Our global growth strategy is focused on acquiring or developing innovative technologies, new capabilities and expanding our reach to better serve our global customers with efficient and effective technology and outstanding customer service. The facility in Euskirchen, and the talented team there, will serve as an important and expanding hub for our business in Europe.”
The creation of Simpson Technologies (Deutschland) GmbH in Alfeld, Germany and the acquisition of Webac Gesellschaft für Maschinenbau mbH in Euskirchen, Germany combined with our historical presence, since 1967, in Baar, Switzerland will establish significantly greater capabilities in product technology, project development and after sales service and support for European customers. It will provide existing European customers of Simpson Technologies with easier access to full-service, local support for fast on-site service response, improved customer technical support and the ability to access turn-key solutions.
In total, Webac brings more than 85 years of experience in the foundry industry dating back to 1931 with the founding of the AB Westin & Backlund company in Stockholm, Sweden. The growing demand for machines and complete plants led to the founding in 1962 of a German subsidiary, Webac Gesellschaft für Maschinenbau mbH. It quickly grew to become a major supplier of foundry technology and plants.
Heinrich Richard Kairies, Managing Director, Webac Gesellschaft für Maschinenbau mbH said, “We’re excited to join Simpson Technologies. The collaboration of both companies will benefit each of our customer bases worldwide, and ultimately help drive new industry innovation through our design and development strengths.”
Simpson Technologies plans an aggressive path to having a fully operational European services team up and running soon, leveraging the unique synergy and efficiencies made possible by both organizations’ service staff having state-of-the-art knowledge regarding process technologies and foundry equipment.
About Simpson Technologies (Deutschland) GmbH
Located in Alfeld, Germany, Simpson Technologies (Deutschland) GmbH, founded in 2017, is a subsidiary of Simpson Technologies Corporation. Simpson Technologies Corporation, founded in 1912, is a five generation family business specializing in the design and manufacture of innovative technologies and services for the worldwide metal casting and chemical process industries. Primary products include batch and continuous molding sand mixing equipment, molding sand coolers, on-line mixer controls, core sand preparation systems, shell sand preparation plants, sand reclamation systems, sand laboratory equipment and foundry system design, engineering and automation systems. Simpson Technologies has operations in Aurora, IL – USA; Baar, Switzerland; Alfeld, Germany; Kolkata, India; Euskirchen, Germany; Stockholm, Sweden and Pribram, Czech Republic.
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