Piab Group has through Piab AB, on September 27 2019, signed an agreement to acquire the businesses of Belker Vakuumteknik AB and PI-VAC AB

Stockholm, Sweden – Belker Vakuumteknik AB and PI-VAC AB are two of Piab’s most important and long serving distributors in Sweden.

Employees from both companies will be offered employment with Piab AB, who will continue to give superior service and supply innovative vacuum solutions to the current customers of Belker Vakuumteknik AB and PI-VAC AB.

“By acquiring the businesses of these distributors and their highly skilled personnel, Piab will further strengthen its business proposition with a Nordic sales and service team to support current and new customers, who will experience a much-strengthened service offer. This also brings us closer to the end user which enables us to gain first-hand customer-based knowledge to fuel innovation and increase customer satisfaction. I would like to take the opportunity to express a warm welcome to our new employees”, says Clas Gunneberg, CEO Piab Group.

The acquisition is planned to be completed during the 4th quarter 2019.

For further information, please contact:
Clas Gunneberg, CEO
Tel: +46 705 930482
E-mail: clas.gunneberg@piab.com

About Piab

Piab provides 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. With almost 500 employees and SEK 1.2 bn in sales 2018, Piab is a global organization, serving customers in almost 70 countries from a network of subsidiaries and distributors. By leveraging the ongoing technological development in automation and robotics, and targeting high-growth segments and geographies, Piab’s vision is to become the global leader in gripping and moving solutions.