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About the Semco Group
History

50s

Founded in 1953 by Austrian engineer Antonio Curt Semler, Semco starts manufacturing centrifuges for the vegetable oil industry

60s

Taking advantage of naval growth in Brazil in the 60s, Semco also starts producing hydraulic pumps, load pumps, axles and other components for the naval industry.

From the 60s to the 80s

During this 20 year period, Semco has equipped over 70% of the domestic naval fleet.

80s

Ricardo Frank Semler, the founder’s son, takes over at the company and implements a series of changes.

- In the 80s Semco was directed towards a single industrial area (naval) and due to the small number of customers (only shipyards). Then, it’s started diversifying its businesses and purchases manufacturing licenses from other companies, such as Philadelphia Mixer and Littleford Day.

- As a result, in 1982 Semco starts producing mixers for the chemical, pharmaceutical, food and mining industries. The stage is considered the first cycle of changes carried out by Ricardo Semler.

- In 1984 the company starts manufacturing industrial refrigeration equipment, air-conditioning systems, food processors and other equipment.

- Also in 1984, Semco continues to diversify its services and purchases subsidiaries and foreign companies which were departing from Brazil, such as Hobart.

- In 1986, Semco changes to a centralized management system and starts operating with four strategic business units: Naval Unit, Industrial Equipment Unit, Refrigeration Unit and Durable Goods Unit.

- From 1989, all Semco businesses are developed based on a business unit concept. This provides greater freedom and also more responsibility for managers and everyone involved in the companies.

90s

When globalization begins, Semco moves into innovative service areas. Thus, the company once again creates partnerships with well-known companies on the international market.

- In 1992, ERM Brazil is created, providing environmental consultancy.

- In 1994, Cushman & Wakefield Semco is created to operate on the real estate consultancy and facilities management market.

- The following year the Semco Johnson Controls joint venture was created, to manage facilities in the industrial sector.

- Semco RGIS is created in 1998, to provide computerized inventories for retailers.

2000s

Semco Ventures is created, a part of the Group specializing in prospecting and developing new businesses.

- In 2001, Semco Manutenção Volante is created providing electrical and civil maintenance and other services. The company is characterized by its mobile maintenance services throughout the country.

 - In 2002, the Semco Group is one of the founding shareholders in Tarpon Investimentos.

- In 2005, Semco creates a partnership with Pitney Bowes, a worldwide leading company in document and postal management solutions.

- In 2006, Semco realizes its exits in ERM Brazil and Semco RGIS.

- Also in 2006, the Bioenergy project is created, which later gives rise to BRENCO (Brazilian Renewable Energy Company).

- In 2007, Tarpon Investimentos concludes the listing process for it shares on the Luxembourg stock market and on Bovespa, making it one of the first asset managers in Brazil to access the capital's market.