# Piab Group acquires IB Verfahrens- und Anlagentechnik GmbH & Co. KG

Piab Group entered into an agreement to acquire IB Verfahrens- und Anlagentechnik GmbH & Co. KG, a developer of turnkey systems for filling, emptying, metering, and conveying bulk materials. The acquisition is planned to be finalized shortly.

- Type: Acquisition
- Announced: 2023-03-29
- Where: Germany
- Status: announced
- Products: bulk material handling systems, ultrasonic sieving machines
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [Piab](https://endata.com/companies/3218.md) (acquirer)
- [IB Verfahrens- und Anlagentechnik GmbH & Co. KG](https://endata.com/companies/69408.md) (target)

## Sources

- [powderbulksolids.com](https://www.powderbulksolids.com/industry-trends/piab-group-acquires-ib-verfahrens-und-anlagentechnik-gmbh-co-kg), 2023-03-29: "The offering, the competence, and the know-how that IB brings, is a game changer for our Vacuum Conveying division."

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