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Piab Group acquires TAWI Group · Endata

◂ Announcements

Dec 19, 2019ACQUISITIONSweden

Piab Group acquires TAWI Group

Piab Group has entered into an agreement to acquire TAWI Group, a manufacturer of smart lifting solutions. TAWI's 2019 sales are expected to reach 340 million SEK.

Value

$36.0M

Status

Announced

Productssmart lifting solutionssemi-automated lifting products

CompaniesPiab acquirer TAWI Group target

Sectors#Material Handling #Automation and Robotics

“Piab Group has entered into an agreement to acquire TAWI Group, a leading manufacturer of smart lifting solutions with global reach.”investorab.com

2 sources
investorab.comInvestor - Piab Group acquires TAWI GroupDec 19, 2019
roboticsandautomationnews.comPiab Group claims to be ‘global leader in ergonomic handling solutions’ after TAWI acquisitionSam FrancisJan 2, 2020

Summarized from public sources; check the original articles before acting on it.

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