Acquisition of Manut-LM by Piab
The Piab Lifting Automation division has reached an agreement to acquire 100% of Manut-LM, the French leader in lifting tube handling. Piab Lifting Automation will considerably strengthen its presence on the French market with this acquisition.
Manut-LM is a French manufacturer of lifting equipment with nearly 40 years of experience, focused mainly on lifting tubes. This long experience as a manufacturer, combined with a new production facility built less than two years ago, will be a significant addition to the production capabilities of the Piab Lifting Automation division. Manut-LM has a range of products dedicated to the wood industry that can be deployed at all TAWI distributors.