XANO acquires PiWi Beheer for EUR 31 million

Swedish industrial company XANO has acquired Dutch food sector automation company PiWi Beheer for EUR 31 million on a debt-free basis. PiWi Beheer operates through subsidiary Case Packing Systems BV, which makes automated food packaging handling systems.

“The Swedish publ. listed industrial company developer XANO has acquired the Netherlands-based food sector automation company PiWi Beheer for a purchase price of EUR 31m on a debt-free basis.”mainsights.io

• 1 source
• mainsights.ioSwedish XANO acquires Dutch PiWi Beheer at EV/EBITDA 6.2xMay 20, 2021

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