Voestalpine Böhler Welding Group, the Düsseldorf-based Voestalpine subsidiary that produces welding consumables, has acquired a 90 percent stake in Selco S.r.l., a Padua, Italy-based producer of welding machines. The Frasson family, current owner of the Italian company, will keep the remaining 10 percent. The Italian company will change its name to Voestalpine Böhler Welding Selco.
By adding welding machines to its portfolio, Voestalpine Böhler Welding now offers comprehensive full welding solutions. "With the participation in Selco s.r.l., we not only strengthen our position as a full welding solution provider in the welding industry, we also offer a perfectly coordinated combination of welding consumables and welding machines. This enables our customers to carry out best-in-class xwelds," said Stefan Glanz, CEO of Voestalpine Böhler Welding, giving an insight into the motives for the collaboration. Lino Frasson, founder of Selco, added, "I am delighted that we have found a partner with Voestalpine Böhler Welding who, like us, relies on quality and innovation and thus accompanies our 40-year history into a new era."