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February 10, 2016 8:36 AM ET

Machinery

Company Overview of PIAB AB

Company Overview

Piab AB develops and manufactures vacuum pumps, vacuum accessories, vacuum conveyors, and suction cups for automated material handling and factory automation processes. It offers suction cups for oily sheet metal, dry sheet metal, bag handling, bag opening/thin paper-slip sheets/film, corrugated/cardboard, FDA EU-standard compliant, FDA detectable, glass handling, electronic/semiconductor, high/low temp cup (plastic), plastic injection molded parts, and mark free applications; and suction cup accessories, such as mounting elements, level compensators, ball joints, suction cup valves, fittings, and other accessories. The company also provides inline, compact/stackable, combined pump and gripp...

Sjöflygvägen 35

Täby,  18304

Sweden

Founded in 1951

Phone:

46 86 30 25 00

Fax:

46 86 30 26 90

Key Executives for PIAB AB

Chief Executive Officer
Age: 55
Owner and Director of Technologies
Owner and Deputy Chief Executive Officer
Managing Director of Shanghai
Vice President of Marketing and Communications Manager
Compensation as of Fiscal Year 2015.

PIAB AB Key Developments

Piab Offers Two New Suction Cups Designed for Opening Bags in the Consumer and Food Industry

Piab offers two new suction cups designed for opening bags in the consumer and food industry. The F26 and F33 suction cups provide a strong, secure grip while trying to handle this difficult to grip plastic film material.  Suited for horizontal and vertical form and fill and seal machines, the cup is ideal for the bag opening sequence. The flat shape of the cups available in two diameters of 26 and 33 mm have a very thin conformable lip with an unique cleat design underneath that has been specially made to prevent the film/sheet from being sucked in, thus preventing damage while enhancing lifting force. The sealing properties of the cup compensate for leakage, allowing users to avoid unopened bags, preventing machine slowdowns and designing a more efficient handling solution overall.  Other applications include handling and thin and sensitive sheets, such as paper and plastic films. Made of silicone material that complies with FDA standards, Piab’s new suction cups have a wide temperature range of -40°F to 392°F. Available in a push-on style of mounting, the cups provide a quick and easy changeover thus increasing uptime and productivity.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
December 15, 2015
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