Piab Group has entered into an agreement to acquire IB Verfahrens- und Anlagentechnik GmbH & Co. KG. Piab Group is best known for the development of powder handling solutions and vacuum conveyors for the AM industry. The company also develops gripping, lifting, and moving solutions for other industries.
IB on the other hand, develops and builds turnkey systems for filling, emptying, metering, and conveying bulk materials. The company also provides ultra-sonic sieving and reclaim machines to the AM industry.
“IB Verfahrens- und Anlagentechnik GmbH & Co. KG. was founded in 2006 as an Engineering Company and today has around 30 employees. Together with Piab Group – who is known as a world market leader in vacuum transport solutions – a strong team comes into being for a strong future. We are convinced that both companies will profit from this acquisition and look forward to our journey with great confidence“, says Frank Scholz, owner, and Managing Director of IB Verfahrens- und Anlagentechnik GmbH & Co. KG.
The IB product portfolio completes the Piab additive manufacturing offering and enables Piab Group to offer full powder handling solutions, particularly in the Food, Pharma, and Chemical industries.
“The offering, the competence, and the know-how that IB brings, is a game changer for our Vacuum Conveying division. With this addition, we will be able to serve both our existing and new customers even better and create robust growth opportunities. IB and Piab share the same company culture and values. I would like to extend a very warm welcome to all our new colleagues”, says Floris Rouw, President Vacuum Conveying Division.
The acquisition is planned to be finalized shortly. The transaction is fully funded through internal sources.
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