Insulation industry news from Global Insulation
Qubiqa buys CH System
15 August 2023Denmark: Qubiqa has acquired robotics company CH System. The purchase will see it to gain access to several new business areas such as food handling, pharmaceutical handling and so-called ‘Power-to-X’ energy conversion applications. The move will increase Qubiqa’s staff by 70 persons.
Axel Manøe Jepsen, chair of Qubiqa, said "Today, close to 90% of our activities are within our core business for the insulation industry. Strategically, CH System fits ideally with our ambition to expand our business areas and ensure that we are more broadly based in several markets. We believe that the acquisition strengthens the future of both companies."
Prior to the acquisition, Qubiqa had 240 employees divided between sales, administration, engineering and production in Esbjerg as well as production in Poland. The company develops and produces automated packaging solutions for the insulation manufacturers around the world.
CH System was established in 1968. It produces handling and packaging systems for a variety of industries including the food packaging, mineral wool handling and biomass handling sectors.