Add-on Acquisition • Machinery

Piab Acquires Vaculex AB

On January 9, 2017, Piab acquired machinery company Vaculex AB

Acquisition Context
  • This is Piab’s 2nd transaction in the Machinery sector.
  • This is Piab’s 1st transaction in Sweden.

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M&A Deal Summary

Date January 9, 2017
Target Vaculex AB
Sector Machinery
Buyer(s) Piab
Deal Type Add-on Acquisition

Target Company

Vaculex AB

Mölndal, Sweden
Vaculex AB is a manufacturer of lifting equipment based on vacuum technology. Vaculex designs, manufactures and sells ergonomic lifting systems for various applications, e.g. packaging, distribution and logistics.
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Buyer Overview 1

Buyer

Piab

Stockholm, Sweden

Category Company
Founded 1951
Sector Machinery
Employees1,030
Revenue 1.5B SEK (2020)
DESCRIPTION

Piab is a provider of smart solutions for the automated world, helping thousands of end users and machine producers in e-commerce logistics, food, pharma, automotive and other manufacturing industries to improve energy-efficiency, productivity and working environments. Piab was founded in 1951 and is based in Stockholm, Sweden.


Deal Context for Buyer #
Overall 2 of 3
Sector: Machinery 2 of 3
Type: Add-on Acquisition 2 of 3
Country: Sweden 1 of 1
Year: 2017 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-07-04 Kenos SRL

Padua, Italy

Kenos SRL is a provider of large area vacuum grippers. Kenos designs and manufactures gripping systems used in various applications e.g. packaging, wood, food etc.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-11-03 SAS Automation

Xenia, Ohio, United States

SAS Automation LLC is a developer and manufacturer of mechanical grippers and robotic end-of-arm tooling systems. SAS Automation is based in Xenia, Ohio.

Buy -

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