Moog targets heavy duty vision applications

11 May 2010

Moog is targeting security and extreme industrial environments with the acquisition of Pieper, a German based manufacturer of video products and integrated vision systems. The company hopes the new addition will help it expand its vision offering and enable it to solve the “most difficult vision system problems”.

Jay Hennig, group president of Moog's Space and Defense segment, said: "[Pieper’s] headquarters in Schwerte will provide a base from which our security and surveillance businesses can provide superior, local service to our European customers."

Pieper had 2009 revenues of €11 million and the acquisition is expected to add approximately €5 million to Moog's sales for the remaining five months of the 2010 fiscal year.