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29 August 2019

LVD announces acquisition of Italian industrial automation firm, COMPAC Srl

LVD Company nv today announced it has acquired COMPAC S.r.l. of Urbino, Italy, an industrial automation solutions provider. 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 at a time when sheet metal fabricators are increasingly automating their production processes to improve overall efficiency. 

LVD will add COMPAC systems for metal fabrication to its automation offerings, broadening the choice of solutions 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 solutions supplied to other markets. 


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