Purchase in Sweden
Schmalz grows and takes over Binar Handling
Vacuum specialist Schmalz acquires the Swedish company Binar Handling AB and its four subsidiaries in Europe and Asia. Binar Handling manufactures handling systems for loads weighing up to 600 kilograms.
With effect from March 23, J. Schmalz GmbH has acquired Binar Handling AB together with its subsidiaries in China, Turkey, France and Germany. The development and production company, headquartered in Trollhättan, Sweden, previously belonged to the Argynnis Group AB. The German Binar Handling GmbH is based in Staufenberg near Kassel and has another branch in Untergruppenbach near Heilbronn - lifting solutions and load handling attachments are designed, manufactured and sold at both locations.
"Binar Handling perfectly complements the Schmalz portfolio for manual handling with its balancers, crane booms and various end effectors," says Dr. Kurt Schmalz, Managing Partner of J. Schmalz GmbH. He adds: "We are thus significantly expanding our leading global position in ergonomic handling technology". Schmalz plans to retain the Binar Handling brand and continue to grow with it in the markets. Mattias Lindh, who has been responsible for Binar Handling's business since 2018, will remain CEO. With the takeover, the Schmalz Group will grow to around 1,700 employees at 23 locations worldwide.
Binar Handling started in 1979 with the development and production of ergonomic lifting and handling solutions. The Swedish company and its international subsidiaries have been successful in the automotive industry, aerospace technology and industrial production, as well as in the food, pharmaceutical and chemical industries. A special feature is the rail system on which the lifting devices follow every movement in the X and Y directions with motor support - even over long distances.
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