GERMANY - J. Schmalz GmbH has acquired with effect from 23.03.2022, 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 Argynnis Group AB.

"Binar Handling perfectly complements the Schmalz portfolio for manual handling with its electric manipulators, crane booms and various end effectors," says Dr. Kurt Schmalz, managing director and shareholder of J. Schmalz GmbH. He adds, "In this way, we are significantly expanding our leading global position in ergonomic handling technology." Schmalz plans to maintain the Binar Handling brand and continue to grow with it in the markets. CEO is and will remain Mattias Lindh, who has been responsible for Binar Handling's business since 2018. With the acquisition, the Schmalz Group grows 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 goal: to make lifting operations both easy and safe.

With the acquisition of Binar Handling AB, Schmalz will offer solutions for sensitive balancing and handling in the future, for example for applications in battery production or logistics.