# Vaski Group acquires Pivatic to create coil-fed systems leader

Vaski Group Oy acquired Pivatic Oy, a Finnish manufacturer of coil-fed punching and bending lines. Combined sales exceed 25 million euros with 100 staff. The deal enhances Vaski's coil-fed systems business.

- Type: Acquisition
- Announced: 2024-05-06
- Where: Finland
- Status: completed
- Products: coil-fed punching and bending lines, sheet metal processing systems
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Vaski Group](https://endata.com/companies/77239.md) (acquirer)
- [Pivatic](https://endata.com/companies/77240.md) (target)

## Sources

- [machinery-market.co.uk](https://www.machinery-market.co.uk/news/37161/Vaski-Group-acquires-Pivatic), 2024-05-06: "Off the back of significant growth in the Vaski business, I am excited by this combination, creating a new leader in coil fed systems by leveraging both companies’ multicoil expertise and bringing Pivatic’s 50 years of tradition into Vaski."
- [machinery-market.co.uk](https://www.machinery-market.co.uk/news/37161), 2024-05-06: "Off the back of significant growth in the Vaski business, I am excited by this combination, creating a new leader in coil fed systems by leveraging both companies’ multicoil expertise and bringing Pivatic’s 50 years of tradition into Vaski."

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