Piab to acquire Manut-LM.

Piab, an Investor portco, agreed to acquire Manut-LM, a French manufacturer of Lifting Tube Handling Solutions. Financial terms were not disclosed. “I am delighted to welcome a great company, brand and quality products to our division. Becoming the number one company in of the largest and fast-growing markets in the world is fantastic," Thomas Bräutigam, Piab Lifting Automation President.