The handling-tools manufacturer Manut-LM, based in Ancenis-Saint-Géréon in the Atlantic France region, has been bought by the Lifting automation division of Swedish group Piab. This acquisition is a turning point for the company, which is the French leader in lifting-tube handling, with new international development prospects.
Piab intends to considerably strengthen its presence in the French market. By acquiring Atlantic France’s company Manut-LM, the world leader in handling equipment will take advantage of Manut-LM’s new 2,500 sqm production site which was built less than two years ago in Ancenis-Saint-Géréon, Atlantic France.
France becomes Piab’s largest market in Europe
With this acquisition, Manut-LM will contribute significantly to Piab’s turnover and make France the company’s largest market in Europe. World leader in handling equipment, Piab has 20 subsidiaries worldwide, 600 employees, 120 distributors and a turnover of about €180 million.
Manut-LM is a French manufacturer of lifting equipment with almost 40 years of experience, focusing on tube lifts that are made by its 44 employees. Atlantic France’s company designs machines that can lift loads of up to 300 kg.
This acquisition is aimed at growing the business in France and in well identified export markets. With this transaction, Manut-LM has become the second production site of the Swedish group and its subsidiary TAWI, which specialises in wellness at work.
An opportunity not to be missed
In addition to its skills in lifting-tube handling, the French company will valorise its products dedicated to the wood industry. In return, it will benefit from Piab’s expertise in logistics and online sales platforms.
Éric Gruau, head of Manut-LM, will continue in his role while taking responsibility for Tawi Levalair France. He believes this acquisition will allow the company to continue its growth: “To combine the largest French vacuum lifting brand and the largest international brand with a much wider product portfolio is an opportunity I don’t want to miss. I believe this will secure a great future for our employees and business”.