We acquire and develop industrial technology companies

Read more about our business concept

Axel Johnson International is a privately owned industrial group that acquires and develops companies in strategic niche markets, primarily technical components and industrial process solutions. We are an active and long-term owner with a mission to drive business development and growth.

100 strong companies – 4 competitive business groups

We believe our companies develop best in partnership with others in the same sector. By building and developing business groups in strategic niche areas we encourage joint initiatives and knowledge sharing. We are stronger together!

We’re like a big family, offering a home for both the company and its people.

In good company

Experience our supportive environment and decentralised leadership by learning about some of our companies through the stories below.

Our latest acquisitions


Stronger power transmission position in Norway. The Nomo Group, a part of Axel Johnson International, has entered the Norwegian market for bearings and mechanical power transmission products through the acquisition of Rotek AS of July 2. The acquisition opens up additional growth opportunities for the group in the Norwegian market.

MAK Aandrijvingen

Stronger in Dutch transmissions. Axel Johnson International’s Industrial Solutions business group is increasing its market presence in the Netherlands through the acquisition of MAK Aandrijvingen B.V., effective May 2. MAK uses high technical expertise to create power transmission solutions for leading OEM customers.

Dock Equipment

Adding innovative dock equipment range. Forankra France, part of Axel Johnson International Transport Solutions business group, has acquired the Dock Equipment product range from Pommier SA. The product range comprises products for logistics hubs, warehouses, trucks and trailers and include the patented Butdock® product. A strategic addition to the existing dock equipment range that strengthen Forankras product offer across Europe.

Egil Verne

Entering the Norwegian vehicles components market. Axel Johnson International’s Transport Solutions business group entered the Norwegian market for commercial vehicle components by acquiring Egil Verne AS, a distributor specialised in lighting and electrical components, on March 1. With the addition of Verne, Transport Solutions becomes a leading distributor of vehicle component in the Nordics, with total turnover of EUR 150 million.


Fluid Handling expands in Italy. AxFlow Italy, part of Axel Johnson International’s Fluid Handling Solutions business group, has acquired Cinti S.r.l., a specialist in installation, service and repair of centrifugal pumps based in northern Italy. The move aims to strengthen AxFlow Italy’s service offering and position it for further growth in the Italian market.


Expanding Swedish bearings business. Axel Johnson International is strengthening its position on the Nordic market for bearings, transmissions and seals via Nomo’s acquisition of Rotera Kullager in Täby AB and Rotera Kullager in Västberga AB. The move is in line with Axel Johnson International’s long-term strategy to grow the bearings business by developing existing companies and expanding in new markets throughout Europe.

Pumpen Karrer

Extended service offer in Germany. AxFlow Germany is strengthening its service offering with the acquisition of Pumpen Karrer, a family-owned company specialised in industrial equipment repair and maintenance, especially pumps. The move reinforces AxFlow’s solution-provider strategy and allow AxFlow to better serve German customers with more complete solutions. Pumpen Karrer’s major business segments are chemicals, food & beverage, and building & construction.

RDC Production

Stronger service for AxFlow France. AxFlow France, part of the Fluid Handling Solutions business group of Axel Johnson International, took a strategic step to strengthen its service capacity in the French fluid handling market with the acquisition of RDC Production on January 12. Based west of Paris, RDC has 43 employees, including many highly skilled technicians with the expertise to take on a broad range of service applications.

TMT. Malinen

Body building build-up. Axel Johnson International is growing presence in the Finnish, Swedish and Baltic markets for commercial vehicle components by acquiring Lahtis, Finland-based TMT. Malinen. With EUR 13 million in sales, TMT. Malinen is the region’s market leading manufacturer and distributor of aluminium, steel, and plastics components and systems for the body builder industry.

Bahr, Pumptechnique and Flow Technologies

Flowing into the Baltics. Axel Johnson International is entering the fluid-handling market in the Baltics by acquiring Bahr Pump OU (Estonia), Pumptechnique SIA (Latvia) and Flow Technologies UAB (Lithuania). The three companies provide fluid handling equipment, advanced systems, and service. The move is in line with Axel Johnson International’s long-term strategy of acquiring well-established companies with highly skilled entrepreneurs and growing the businesses together with the entrepreneurs.

SKS Group

Accelerating in the Nordics. Axel Johnson International is strengthening its mechanical power transmissions business in the Nordics by acquiring five companies from the Finnish SKS Group. The companies are market leading in their niches, offering premium products and services to the Nordic machine and equipment building industry. They will be part of the Industrial Solutions business group.

AHD Aandrijftechniek

Powering transmissions operations in Benelux. Axel Johnson International is increasing its market presence in the Benelux countries through the acquisition of AHD Aandrijftechniek B.V. AHD sells, maintains and services industrial gearboxes, brakes, couplings and propeller shafts to large and small customers, most notably Tata Steel, in the Benelux region. It will join forces with Spruit Transmissies B.V., a technical distributor of power transmission parts within Industrial Solutions.


Gearing up for more vehicle components. Axel Johnson International is strengthening its market position in the Nordic region by acquiring vehicle component distributor Sternhammar. Established already in 1938, Sternhammar has a reputation for long-term customer relationships and growing market share that makes it a perfect fit for business group Transport Solutions.

Town & County Engineering Services

Beefing up in the UK. Axel Johnson International acquires Town & County Engineering Services, a leading supplier of bearings, power transmission products, conveyor belting, consumables and related services for the food and beverage industry in eastern UK. This further strengthens Axel Johnson International’s market position as a supplier of industrial products and services across the UK.


Eastern expansion of mobile drivetrains. Axel Johnson International acquires a majority of IOW, a leading Eastern European distributor and service provider of mobile drivetrain systems, hydraulics, cooling systems and filter technologies. Complementing operations in the Nordic countries and Russia, the acquisition reinforces Axel Johnson international’s market position within mobile drivetrains solutions throughout Europe.

W. Giertsen Services

Taking Norwegian lifting solutions to the next level. Axel Johnson International acquires W. Giertsen Services, a leading Norwegian full-service manufacturer and supplier of lifting equipment and solutions. The move creates considerable synergies for the business group Lifting Solutions and strengthens its service offering for the professional maritime, offshore, subsea and onshore industries.