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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.
The Schmalz Group acquired Binar Handling AB in March 2022 and Palamatic Ltd. in January 2022. Both companies develop ergonomic lifting and handling solutions, complementing Schmalz's portfolio.