Thanks for the info!
Does that mean that this was crafted in Germany (Suhl), and finished (engraved, soforth), by Pieper in Belgium?
The scope was made in the early 1940's by a popular German manufacturer, so did it make its way back to Germany?
Just thinking out loud..
Here is a link with the same logo, verifying what you had said.
http://unblinkingeye.com/Guns/Bayard/bayard.html