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.

90 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

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.


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.


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.

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.

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.