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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 Groupā€™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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