# Piab acquires Sweden-based Vaculex

Piab acquired Vaculex, a Swedish manufacturer of vacuum-based lifting equipment, on December 30, 2016.

- Type: Acquisition
- Announced: 2016-12-30
- Where: Sweden
- Status: completed
- Products: vacuum-based lifting equipment, ergonomic lifting systems
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md), [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [Piab](https://endata.com/companies/3218.md) (acquirer)
- [Vaculex](https://endata.com/companies/21291.md) (target)

## Sources

- [pneumatictips.com](https://www.pneumatictips.com/piab-acquires-sweden-based-vaculex/), 2017-01-09: "We are convinced that this is a great match."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.