Vaski Group Oy expands its operations by acquiring Ursviken Technology AB
 

As of today, 20 January 2025 in Skellefteå, Sweden, Vaski Group is proud to announce the acquisition of Ursviken Technology, a renowned Swedish manufacturer specializing in advanced 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 acquisition brings together two industry leaders with a shared vision for innovation and excellence. After the fusion, the companies will share a combined revenue of nearly €50 million and a workforce of over 200 talented professionals.

Vaski Group is renowned for its heavy investment in research and development, consistently pushing the boundaries of technology to create innovative solutions. The group’s presence in Seinäjoki and Hyvinkää, Finland, and Ursviken Technology AB’s operations in Skellefteå, Sweden, will form a robust network leveraging the strengths of the Nordic industrial base. 

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

“We are delighted to welcome Ursviken into the Vaski Group family,” said Michael Mansour, CEO of Vaski Group. “This 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, added, “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 exceptional solutions to our customers worldwide.”