06.2022: The investment company Gimv becomes majority owner of workpiece carrier specialist Variotech. Variotech is Germany’s leading manufacturer of innovative workpiece carriers, which are primarily used in fully automated manufacturing processes for transporting and handling components of various forms and sizes. The company’s customized products predominantly comprise reusable, exceptionally durable workpiece carriers that are manufactured almost exclusively from recycled materials by thermoforming.
Established in 1998, Variotech (www.variotech.de), which is headquartered in Nordhorn/Germany, has developed into a successful automation technology specialist in recent years. Variotech’s products are not just critical for transportation within or between sites, but are in particular supporting automated operations during optimised production processes by using individual geometries. Sensitive workpieces such as PCBs or electrical sensors can be safely stored, transported, and precisely positioned. High packing density, stability, torsion resistance and electrostatic discharge are just some of the system’s key attributes and product benefits.
In addition to the continued growth in the European home market, the company defined an ambitious expansion strategy for North America with its recently established subsidiary in Indianapolis.
Centum Capital provides this public information as a market news, but has not been involved in this transaction.