Expanding laser cutting automation, LVD acquires COMPAC
The two companies have partnered since 2016 to produce automatic warehouse systems for numerous LVD laser cutting equipment installations in Italy.
LVD Company (Gullegem, Belgium) has acquired industrial automation solutions provider COMPAC (Urbino, Italy)—the two companies have partnered 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.
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. The company has steadily grown its business and automation products. Its automation solutions are diverse, including 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 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. All COMPAC products will continue to be manufactured at its 7000 m2 production site in Italy.