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
- Website category Heavy Industry and Engineering · Chemical Industry
- Email••••••••
- Phone•••• ••••
- Website piab.com/en-us
- Social LinkedIn X Facebook YouTube
- Acquired by Patricia Industries (Apr 2018)
- Legal Name Piab Vacuum Technology Private Limited
- Date of Incorporation 04 Mar, 2009
- Jurisdiction Thane, Maharashtra, India
Associated legal entities of Piab
Piab is associated with 2 registered companies on The Company Check; the primary company is Piab Vacuum Technology Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Piab Vacuum Technology Private Limited CIN U46599MH2009PTC190700 | Active | 04 Mar 2009 | Thane, Maharashtra | ₹13.3 Cr | – | 2 | View details |
| Piab Vacuum Technology Private Limited CIN U29268MH2009PTC190700 | – | 04 Mar 2009 | Thane, Maharashtra, India | – | – | – | View details |
Apps and channels of Piab
its YouTube channel Piab Vacuum Automation has 1.32K subscribers and 30 videos.
Videos from Piab
The most watched videos on Piab's YouTube channel, Piab Vacuum Automation (1.32K subscribers). Click a video to play it here.
More on Piab Vacuum Automation.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
EQT is recognized as a global investment organization focused on value creation. | 1994 | eqtgroup.com | Stockholm, Sweden | |
Altor is engaged in private equity investments across multiple sectors. | – | altor.com | Stockholm, Sweden | |
- | – | patriciaindustries.com | - |
Investor details for Piab
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Board of directors of Piab Vacuum Technology Private Limited (Piab)
Piab Vacuum Technology Private Limited is the primary company behind Piab. The board of Piab Vacuum Technology Private Limited currently have 2 directors; the longest-serving is Uday Shriram Kshirsagar, appointed in 2018. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Uday Shriram Kshirsagar DIN 08085987 | Director | 22 Mar 2018 | 8 yrs 6 mo | Piab Vacuum Technology Private Limited |
| Monika Annette Hagg DIN 11311873 | Additional Director | 14 Oct 2025 | 11 mo | Piab Vacuum Technology Private Limited |
People of Piab
35 people are tracked at Piab (20 in leadership, 15 in team).
| Name | Role | Group |
|---|---|---|
Allen Xu | President, China Division | Leadership |
Christer Eriksson | CFO | Leadership |
| Sales Director, Vacuum Automation, Division India | Leadership | |
Elaine Camasmie | Sales Director, Brazil & Rosa, Vacuum Conveying Division | Leadership |
Julie Whitten | Sales Director, North America & Mexico, Vacuum Conveying | Leadership |
Suker Luo | Sales Director, Vacuum Automation, China Division | Leadership |
Tracy Liu | Sales Director, Vacuum Conveying, China Division | Leadership |
Kazuyuki Yoshie | Sales Director, Vacuum Automation, Division Japan | Leadership |
David Sanchez | VP, Sales, South EU, MEA & Americas, Vacuum Conveying Division | Leadership |
Mike Brotz | Sales Director, Vacuum Automation, Division Automotive | Leadership |
Katarina Marais | Marketing Director VA | Leadership |
Jaime Bohorquez | Sales Director - Americas | Leadership |
Floris Rouw | President, Vacuum Conveying Division | Leadership |
Maximilian Ulrich | Head Of Procurement | Leadership |
Mark Lin | Sales Director, Lifting Automation, China Division | Leadership |
Ed McGovern | President Piab Usa Inc. | Leadership |
Piotr Sidorowicz | President And Managing Director | Leadership |
Claudio Elia | Vice President Of Global Sales, Vacuum Automation | Leadership |
Jeffrey Tan | Sales Director, Vacuum Automation, Division South East Asia | Leadership |
Igor Kordas | Director Product Management & Marketing | Leadership |
15 more people are available in the full profile.
Complete people profiles for Piab
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Financials of Piab
Figures of Piab Vacuum Technology Private Limited, the primary company behind Piab, for FY 2024. Revenue was ₹13.29 Cr (+32% year on year). Net profit was ₹1.71 Cr (13% margin). EBITDA was ₹2.43 Cr (18% margin). Revenue has grown at a compounded annual rate of +24% over three years and +21% over five years.
- ₹13.29 CrRevenue · FY 2024 · +32% YoY
- ₹1.71 CrNet profit · 13% margin
- ₹2.43 CrEBITDA · 18% margin
- ₹12.6 LakhPaid-up capital
- +24%Revenue CAGR, 3 years
- +21%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Piab Vacuum Technology Private Limited are on its company page.
Detailed financial statements 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.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Aerial lift equipment is supplied with associated services. | alum-a-lift.com | – | 0 | Aug 2024 | $120M | |
Automated systems for bulk material technology are manufactured. | ib-verfahrenstechnik.de | Lage, Germany | 2006 | Mar 2023 | •••• | |
COVAL is engaged in providing vacuum solutions for automation. | coval.com | Montelier, France | 1997 | Mar 2023 | •••• | |
Vacuum end effectors for industrial automation are supplied. | coval-inc.com | Raleigh, United States | 1986 | Mar 2023 | •••• | |
Vacuum ejectors are manufactured for industrial automation and material handling. | avac.se | Mullsjo, Sweden | 2002 | Aug 2022 | •••• | |
Robotic equipment for vacuum-based gripping and material handling is developed. | joulin.com | Etampes, France | 1959 | May 2022 | •••• | |
Material handling equipment and services are provided by TAWI. | tawi.com | Kungsbacka, Sweden | 1923 | Dec 2019 | •••• | |
Gripping solutions for industrial robots are developed and supplied. | feba-systeme.com | Schmallenberg, Germany | 2009 | Feb 2018 | •••• | |
Manufacturer of robotic grippers | sas-automation.com | Ohio, United States | 1996 | Nov 2017 | •••• |
Complete acquisition details for Piab
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Timeline of Piab
13 dated milestones of Piab across 73 years, from founding to its latest funding, stage changes and deals.
- Founded Piab is founded.
- Exit Acquired by Altor Equity Partners.
- Exit Acquired by EQT.
- Acquisition Acquires SAS Automation.
- Acquisition Acquires FEBA AUTOMATION & Modulare Systeme.
- Exit Acquired by Patricia Industries.
- Acquisition Acquires TAWI.
- Acquisition Acquires Joulin.
- Acquisition Acquires AVAC.
- Acquisition Acquires COVAL.
- Acquisition Acquires COVAL.
- Acquisition Acquires IB Verfahrens- und Anlagentechnik.
- Acquisition Acquires alum-a-lift.
Web traffic of Piab
The website of Piab (piab.com) receives about 86.1K visits a month and ranks #336,493 among all websites worldwide, #3,896 in Chemical Industry.
- Monthly visits86.1K
- Unique visitors34K
per month
- Global rank#336,493
among all websites
- Category rank#3,896
Heavy Industry and Engineering · Chemical Industry
- Bounce rate37%
- Pages per visit4.1
- Average visit2 min 11 sec
- DevicesDesktop 48% · Mobile 52%
Websites whose visitors overlap most with Piab. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
abbess.com | abbess.com | 100% | – | #5,180,305 | – |
| vacmotion.com | 91% | – | #2,030,693 | View details | |
welchvacuum.com | welchvacuum.com | 85% | – | #1,187,494 | – |
| edwardsvacuum.com | 83% | 99.6K | #315,139 | View details | |
indanc.com | indanc.com | 77% | – | #5,952,805 | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 29 similar websites and full traffic analytics for Piab
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Latest news on Piab
Complete news archive for 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.
The primary company behind Piab, Piab Vacuum Technology Private Limited, reported revenue of ₹13.29 Cr for FY 2024, up 32% year on year.
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).
Piab operates through Piab Vacuum Technology Private Limited.
Yes. Piab was acquired by Patricia Industries in April 2018.
The legal entities of Piab currently have 2 directors, including Uday Shriram Kshirsagar, Monika Annette Hagg.