The Coatinc Company becomes part of the Maschinenraum innovation ecosystem

Press Release I 29.11.2021

Siegen / Berlin

The Coatinc Company (https://www.coatinc.com), an internationally active full-service provider for the surface finishing of steel and metal, becomes part of Maschinenraum (https://maschinenraum.io/de).

The Maschinenraum alliance, consisting of more than 40 SMEs as well as university partners and other innovators, is working together on the digital transformation of German Mittelstand. The Coatinc Company wants to use the exchange with other members of Maschinenraum to share ideas on how to deal with challenges in sustainability strategies, digitalisation and the shortage of skilled workers

Since its foundation in 1502 by Heylmann Dresseler, The Coatinc Company, with its headquarters and roots in the Siegerland region, has developed from a hammer mill through iron and steel production and processing to a broad-based service provider in the field of metal surface finishing, with a focus on hot-dip galvanising. The group of companies has been family-owned for 17 generations and, with 500 years of company history, is officially listed as the oldest family-owned company in Germany by the Family Business Foundation. The group now has 33 locations and more than 2,200 employees, including holdings in Europe, Turkey, Mexico and California.

Sustainability for more than a century

"Conventional hot-dip galvanising makes steel more durable. But few people are aware that this process is environmentally friendly for many reasons. We significantly increase the service life of steel and metal surfaces through our finishing processes. In this way, we not only reduce the effort required for maintenance, repair or replacement, but also lower costs and minimise the consumption of resources," says Paul Niederstein, Managing Partner of The Coatinc Company. "In this area, we are very interested in innovative approaches such as re-use and re-fitting. We are therefore particularly looking forward, for example, to the exchange within the framework of the 'Sustainability Circle', in which we would like to enter into direct dialogue around the climate targets 2050 or the topic of circular economy. We would like to learn from the experiences of others in Maschinenraum and deliberately open ourselves up to cross-industry cooperation – at the same time, we are happy to share our best practices!"

"With its surface finishes, The Coatinc Company makes an important contribution to greater sustainability and maintaining the value of existing things. I am convinced that the connection to Maschinenraum will bring the right impulses for this, in order to successfully position the company for the future. As a shared innovation ecosystem from Mittelstand for Mittelstand, we offer the ideal environment to mutually benefit in familiar conversation," says Tobias Rappers, Managing Director of Maschinenraum.

Über den Maschinenraum:

Der Maschinenraum, ein geteiltes Innovations-Ökosystem vom Mittelstand für den Mittelstand, vereint deutsche Mittelstands- und Familienunternehmen, um die Zukunft mutig zu gestalten. Bereits mehr als 40 Familienunternehmen – darunter Viessmann, Fiege Logistik, Dussmann Service und die Paracelsus Kliniken – haben sich dem Maschinenraum angeschlossen, um gemeinsam die digitale und nachhaltige Transformation des Mittelstands voranzutreiben.

Über The Coatinc Company:

The Coatinc Company combines surface techniques of hot-dip galvanising (normal temperature, high-temperature and centrifugal galvanising), powder coating, wet coating and anodising with a wide range of associated services. The range of services starts with consultation and continues through all the following process steps, including prefabrication, right up to packaging on schedule. Added to this are comprehensive logistics with digitalised merchandise management and export processing. Including all shareholdings, the company generates a turnover of approx. € 300 million and a galvanising tonnage of 450,000 tonnes per year. The shares in the holding company are divided 51% between Paul Niederstein and 49% between B. E. Wedge Holdings Ltd, Great Britain.

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