About Piab
Piab is a company based in Hingham (United States) founded in 1951 was acquired by Patricia Industries in April 2018. Piab has completed 9 acquisitions, including AVAC, COVAL and COVAL.
- Headquarter Hingham, United States
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- Legal Name Piab Vacuum Technology Private Limited
- Date of Incorporation 04 Mar, 2009
- Jurisdiction Thane, Maharashtra, India
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People of Piab
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Funding Insights of Piab
Detailed funding history for Piab
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Investors in Piab
Piab has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include EQT, Altor and Patricia Industries.
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EQT is recognized as a global investment organization focused on value creation.
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Altor is engaged in private equity investments across multiple sectors.
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Investor details for Piab
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Investments & Acquisitions by Piab
Piab has strategically engaged in corporate development activities, having acquired 9 companies. Notable acquisitions include AVAC, COVAL and COVAL.
Investment portfolio details for Piab
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Gripping solutions for industrial robots are developed and supplied.
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Automated systems for bulk material technology are manufactured.
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Vacuum ejectors are manufactured for industrial automation and material handling.
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Complete acquisition details for Piab
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Financial Statements - Piab
Detailed financials for Piab
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Piab Comparisons
Peer comparison for Piab
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Competitors of Piab
Detailed competitors of Piab
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Latest news on Piab
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Frequently Asked Questions about Piab
Piab was founded in 1951.
Piab is headquartered in Hingham, United States. It is registered at Hingham, Massachusetts, United States.
Annual revenue of Piab is $1.21M as on Mar 31, 2023.
Piab was founded in 1951 and is based in Hingham, United States. Vacuum pumps and related components are provided by the company for automation and material handling applications. Operations center on vacuum technology solutions tailored to manufacturing and logistics sectors. Services include product development and distribution, with a global reach facilitated through piab.com. The focus remains on practical engineering for efficiency in industrial processes. (68 words).