11 November 2019
Rodstein Oy, the flat bar and special machinery specialist, is thrilled to announce its intention to acquire the reputable Steamec Oy automation and special machinery businesses.
This signals an important moment in Rodstein’s history, merging with Steamec’s automation and special machinery business propels the combination to become a leader in Finnish automation.
The merger significantly strengthens Rodstein’s capability in material handling for industrial applications and steps up the already very rapid growth of this new company. The combined entities enhance the current Rodstein verticals of construction, machinery and energy while adding the interesting new verticals of food processing, automotive and paper & pulp. This is very much aligned with Rodstein’s strategy of growing in automation, the main contributor to the changing manufacturing landscape and one of the main technological drivers of global efficiency.
Our CEO, Veikko Moilanen, says: “Approaching the end of a record-breaking year of huge organic growth at Rodstein, I am delighted that we are now in a position to announce the coming merger of the automation business with Steamec. We have long admired Steamec and I am thrilled at the prospect of bringing our exceptional teams together. I truly believe that through our combined passion, determination and expertise that we will become a renowned specialist in automation and material handling products”.