Austria’s Pisec buys into Belgian plate stockholder

The Pisec Group has acquired a majority stake in Zimmer Staal, a Belgium-based heavy plate stockholding company with annual sales of 120,000 tonnes, Kallanishlearns from the Austrian company.

Pisec, owned by Karl Pisec and headed by Patrick Teischl, is a trading group of miscellaneous steel and other products. Pisec’s steel range covers a variety of long as well as flat products.

Pisec has held a long-term business relationship with Zimmer, based in Lier, it says. The cooperation between Pisec’s sales manager Peter Marcel Klinke and Zimmer’s ceo Luc Cools has intensified over the years, finally resulting in a permanent cooperation between the two companies. According to Zimmer’s commercial director Pieter Adams, the partnership opens the perspective of providing the financial means to further expand both product range and customer base.