Piab

Piab provides smart solutions for the automated world, helping thousands of end users and machine producers in e-commerce logistics, food, pharma, automotive and other manufacturing industries to improve energy-efficiency, productivity and working environments. With 430 employees, Piab is a global organization, serving customers in almost 70 countries from a network of subsidiaries and distributors.

 

 

Automation is transforming production processes around the globe, driven by the continuous strive for efficient production and improved quality. The average global robot density increased to 74 robot units per 10,000 employees, up from 66 units in 2015 (according to IFR). The technological breakthroughs in robotics and connectivity brings multiple opportunities, such as opening-up new industries for automation and facilitating fully digital business models, requiring Piab’s smart and line-critical solutions.

Responding to the rallying call of Industry 4.0, Piab is introducing piSMART® – more intelligent and cloud-connected versions of the company’s most advanced vacuum technology products, kitted out for the smart factories of the future.

Piab, has doubled its sales in the last four years, through a combination of double-digit organic growth and acquisitions of niche players to further strengthen the product offering. Piab concluded 2017 with a record year of 1028 MSEK in sales which was an increase of roughly 32% compared to previous year with an EBITDA of 30%.  

 Piab’s vision is to become the global leader in gripping and moving solutions.

Patricia Industries acquired Sarnova in June2018.

Click here for Piab's webpage

 

 Piab key facts

SEK m.

 2017

 2016

Sales (SEKm.)

1028

777

EBITDA (%)

30

31,5

Number of employees

427

302

Back