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INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%

Schmalz Group acquires Palamatic and Binar Handling · Endata

◂ Announcements

Jul 19, 2023ACQUISITION

Schmalz Group acquires Palamatic and Binar Handling

The vacuum equipment manufacturer Schmalz Group acquired UK-based Palamatic, a stainless steel vacuum lifter and crane specialist, and Sweden-based Binar Handling, an electric manipulator and rope balancer specialist.

Status

Announced

Productsvacuum lifterscraneselectric manipulatorsrope balancers

CompaniesSchmalz Inc. acquirer Binar Handling AB target Palamatic Ltd. target

Sectors#Industrial Machinery #Material Handling

“With this acquisition, the company aims to strengthen its 'manual handling system business,' which enables safe and efficient operations in the manual transport of heavy goods.”pr.mono.ipros.com

1 source
pr.mono.ipros.comSchmaltz Group expands its scale by acquiring Palamatic and Binar Handling. | シュマルツ - Powered by IPROS GMSJul 19, 2023

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

More from Schmalz Inc.

Aug 5, 2024ACQUISITIONBoston, Massachusetts, United States
Schmalz acquires mGrip finger gripper product family from Soft Robotics Inc.
Schmalz Inc. acquirer Soft Robotics Inc target schmalz.com
Mar 23, 2022ACQUISITIONTrollhättan, Sweden, Sweden
Schmalz acquires Binar Handling AB
Schmalz Inc. acquirer Binar Handling AB target schmalz.com
May 19, 2021EXPANSIONRaleigh, North Carolina, United States62 jobsops Dec 2021
Schmalz Inc. breaks ground on Phase I expansion of Raleigh headquarters
Schmalz Inc.prnewswire.com schmalz.com
Aug 28, 2018EXPANSIONRaleigh, North Carolina, United States$10.5M62 jobsops Jun 2021
Schmalz Inc. to triple Raleigh headquarters with $10.5M expansion
Schmalz Inc.raleigh-wake.org

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