Vaski Group, a Finnish manufacturer of flat bar processing and sheet metal handling, punching and bending machinery, has acquired Ursviken Technology, a Swedish manufacturer specialising in press brake and shear solutions. The acquisition follows Vaski Group’s 2024 purchase of Pivatic Oy, a manufacturer of automatic sheet metal fabrication systems.

The purchase brings together two industrial companies with a shared vision for innovation and excellence. After the fusion, the companies will share a combined revenue of nearly €50m and a workforce of over 200 professionals. Vaski Group is renowned for its heavy investment in R&D, pushing the boundaries of technology to create innovative solutions. The group’s presence in Seinäjoki and Hyvinkää, Finland, and Ursviken Technology’s operations in Skellefteå, Sweden, will form a robust network leveraging the strengths of the Nordic region’s industrial base.

This year marks a significant milestone for Vaski Group, as the businesses celebrate a combined 200 years of excellence. Ursviken Technology commemorates 140 years of innovation, Pivatic marks 50 years of delivering sheet metal punching and bending solutions, and Vaski celebrates a decade of pushing the boundaries of industrial technology.

Michael Mansour, CEO of Vaski Group, says: “The acquisition represents a significant step forward in our mission to drive industrial innovation and support sustainable growth across the Nordic region and beyond. Together, we will unlock new opportunities and deliver even greater value to our customers.”

Nicklas Jakobsson, CEO of Ursviken Technology AB, adds: “Becoming part of Vaski Group marks an important milestone for Ursviken. Our shared values and complementary strengths will enable us to reach new goals and continue to deliver solutions to our customers worldwide.”

More information www.ursviken.com