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Piab Group Acquires Coval

With the acquisition of Coval, Piab Group will evolve its automation portfolio by strengthening its position as a world-leading automation company.

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With more than 35 years of history, Coval, a vacuum automation components and systems company, will add a solid portfolio of premium products, experienced and skilled employees, and a strong brand known for high quality standards to the Piab Group.

"We are very much looking forward to bringing the Coval team into the Piab family and we see a great culture fit routed in a strong passion for the future of robotics and automation. With this strategic move, we are confident in our ability to provide our customers with cutting-edge automation solutions, while strengthening our competitive advantage in the market", said Peter Laurin, CEO of Piab Group.

"Piab Group’s long history of innovation in vacuum technology and global presence will allow for Coval to further develop and provide a long-term home for our family business and its employees. By joining the Piab Group, Coval joins an excellent global company, a leading innovator in the vacuum technology market and together we will strengthen our leading position in the automation industry", said Michel Cecchin, Owner and CEO of Coval.


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