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PIAB Announces New CEO

Tuesday, November 25, 2008

Täby, SWEDEN — PIAB, the global leader in industrial vacuum technology, has appointed Per-Erik Lindquist to the position of CEO as the company continues its worldwide expansion and ongoing capture of new market segments. With more than two decades of experience at global companies in related industries, Mr. Lindquist will be a valuable asset as PIAB continues to assert its presence in an increasingly automated industrial world.

Over the past years, PIAB has seen steady growth in demand for its vacuum handling and conveying products from global manufacturers and OEMs in the graphic, pharmaceutical, packaging, food and beverage, automotive and other automation-intensive industries.

“Since PIAB has grown significantly and conquered new markets in such a short period of time, we chose to expand the depth of knowledge and experience of our management team by adding another talented professional,” said Jacob Tell, Deputy CEO, PIAB. “Mr. Lindquist brings a host of new ideas and relevant industry experience to the team that we believe will energize our entire organization.”

Mr. Lindquist acquired 20 years of experience at Scania, a leading truck manufacturer where he served as group vice president. Previously, he spent four years at Alfa-Laval, a world-leading manufacturer of cooling, heating and separation processing equipment, where he demonstrated leadership as an executive vice president.

“It is an honor to join PIAB, with its leading technology and the global presence to serve customers around the world,” said Mr. Lindquist. “I am excited to lead a company with a truly revolutionary technology that helps customers across so many different industries and countries save energy and gain productivity with innovative solutions.”

On October 1, Mr. Lindquist officially entered his position as CEO. At that time, former CEO Jacob Tell assumed the role of Deputy CEO to focus on managing PIAB’s continued growth through mergers and acquisitions and dynamic pursuit of new markets.

About PIAB
Established in 1951, PIAB designs innovative vacuum solutions that improve the energy-efficiency, productivity, and working environments of vacuum users around the world. As a reliable partner to many of the world’s largest manufacturers, PIAB develops and manufactures a complete line of vacuum pumps, vacuum accessories, vacuum conveyors and suction cups for a variety of automated material handling and factory automation processes. PIAB utilizes COAX®, the next dimension in vacuum technology, in many of its original products and solutions. COAX® cartridges are smaller, more energy efficient and more reliable than conventional ejectors, and can be integrated directly into machinery. This allows for the design of a flexible, modular vacuum system. PIAB has a worldwide organization with subsidiaries and distributors in more than 50 countries, with headquarters in Sweden. For more information about PIAB vacuum solutions for a diverse range of applications, visit

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