COVAL has decided to join the Piab Group. COVAL is a major global player in vacuum automation components and systems. With more than 35 years of history, COVAL adds a solid portfolio of premium products, highly experienced and skilled employees, a strong brand known for the highest quality standards, and many new customers to Piab Group. Through the acquisition, Piab Group is evolving automation.
The transaction is fully funded through a combination of external and internal sources.