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  6. Piab Acquires SAS Automation

M&A Deal Summary

Piab Acquires SAS Automation

On November 3, 2017, Piab acquired machinery company SAS Automation

Acquisition Highlights
  • This is Piab’s 3rd transaction in the Machinery sector.
  • This is Piab’s 1st transaction in the United States.
  • This is Piab’s 1st transaction in Ohio.

M&A Deal Summary
Date 2017-11-03
Target SAS Automation
Sector Machinery
Buyer(s) Piab
Deal Type Add-on Acquisition

Target

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.

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Buyer(S) 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 STATS #
Overall 3 of 3
Sector: Machinery M&A 3 of 3
Type: Add-on Acquisition M&A Deals 3 of 3
State: Ohio M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2017 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-01-09 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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