# Piab Group acquires vacuum automation firm COVAL

Piab Group has acquired COVAL, a global supplier of vacuum automation components and systems with over 35 years of history. The transaction was funded through a mix of external and internal sources.

- Type: Acquisition
- Announced: 2023-03-28
- Status: completed
- Products: vacuum automation components, vacuum automation systems
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [Piab](https://endata.com/companies/3218.md) (acquirer)
- [COVAL](https://endata.com/companies/10396.md) (target)

## Sources

- [piab.com](https://www.piab.com/en-us/news/piab-group-acquires-coval), 2023-03-28: "Piab Group has acquired COVAL, a major global player in vacuum automation components and systems."

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