# 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.

- Type: Acquisition
- Announced: 2021-05-20
- Where: Netherlands
- Value: $37.8M (31.0M EUR)
- Status: announced
- Products: automated food packaging handling systems
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md), [Food Processing Equipment](https://endata.com/sectors/food-processing-equipment.md)

## Companies

- [XANO](https://endata.com/companies/10918.md) (acquirer)
- [PiWi Beheer B.V.](https://endata.com/companies/55267.md) (target)

## Sources

- [mainsights.io](https://www.mainsights.io/ma-news/swedish-xano-acquires-dutch-piwi-beheer-at-evebitda-62x), 2021-05-20: "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."

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