LVD acquires Italian industrial automation firm Compac S.r.l.

LVD Company nv has announced it has acquired Compac S.r.l. of Urbino, Italy, a provider of industrial automation. LVD has partnered with Compac since 2016 to produce automatic warehouse systems for numerous LVD laser cutting equipment installations in Italy. The acquisition expands LVD’s portfolio of automation systems for flat sheet and tube laser cutting machinery.

A 30-year-old, family-owned business, Compac specializes in the design, manufacture, and integration of high-tech automatic warehouse systems, input and output handling systems, load and unload devices, and custom automation systems for industry. Its automation products include handling systems for magazine and cardboard industries and conveyor lines for metal cleaning machines.

With the acquisition, Compac becomes part of the LVD Group. LVD will add Compac systems for metal fabrication to its automation offerings, broadening the choice of products for its punch press, fiber laser, and tube laser cutting machines for customers worldwide. The metal fabrication systems will be branded as LVD. Compac will retain its brand for automation systems supplied to other markets, and its products will continue to be manufactured at its production site in Italy.

Source:The Fabricator   www.thefabricator.com