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Axel Johnson International expands within industrial automation through the acquisition of Caldan Conveyor A/S
Axel Johnson International expands within industrial automation through the acquisition of Caldan Conveyor A/S
2020-09-16Axel Johnson International is a privately owned Swedish industrial group of more than 100 companies in 25 countries, with combined annual sales of EUR 790 million. We drive business development and growth through a long-term approach to ownership in strategic niche markets, primarily technical components and solutions for industrial processes. Axel Johnson International is organised in four business groups: Fluid Handling Solutions, Industrial Solutions, Lifting Solutions and Transport Solutions.
Axel Johnson International appoints new Managing Director for its China operation
Axel Johnson International appoints new Managing Director for its China operation
2020-08-21Axel Johnson International is a privately owned Swedish industrial group of more than 100 companies in 25 countries, with combined annual sales of EUR 790 million. We drive business development and growth through a long-term approach to ownership in strategic niche markets, primarily technical components and solutions for industrial processes. Axel Johnson International is organised in four business groups: Fluid Handling Solutions, Industrial Solutions, Lifting Solutions and Transport Solutions.
Axel Johnson International appoints Malin Ripa as new Head of Sustainability
Axel Johnson International appoints Malin Ripa as new Head of Sustainability
2020-05-12Axel Johnson International is a privately owned Swedish industrial group of more than 100 companies in 25 countries, with combined annual sales of EUR 790 million. We drive business development and growth through a long-term approach to ownership in strategic niche markets, primarily technical components and solutions for industrial processes. Axel Johnson International is organised in four business groups: Fluid Handling Solutions, Industrial Solutions, Lifting Solutions and Transport Solutions.
New Regional Director in Lifting Solutions Group (LSG)
New Regional Director in Lifting Solutions Group (LSG)
2020-05-11Axel Johnson International is a privately owned Swedish industrial group of more than 100 companies in 25 countries, with combined annual sales of EUR 790 million. We drive business development and growth through a long-term approach to ownership in strategic niche markets, primarily technical components and solutions for industrial processes. Axel Johnson International is organised in four business groups: Fluid Handling Solutions, Industrial Solutions, Lifting Solutions and Transport Solutions.
Axel Johnson International extends electric and hybrid-electric offering in Driveline Solutions
Axel Johnson International extends electric and hybrid-electric offering in Driveline Solutions
2020-04-01Axel Johnson International is a privately owned Swedish industrial group of more than 100 companies in 25 countries, with combined annual sales of EUR 790 million. We drive business development and growth through a long-term approach to ownership in strategic niche markets, primarily technical components and solutions for industrial processes. Axel Johnson International is organised in four business groups: Fluid Handling Solutions, Industrial Solutions, Lifting Solutions and Transport Solutions.
Axel Johnson International grows offering in power transmission solutions in Denmark
Axel Johnson International grows offering in power transmission solutions in Denmark
2020-03-04Axel Johnson International is a privately owned Swedish industrial group of more than 100 companies in 25 countries, with combined annual sales of EUR 790 million. We drive business development and growth through a long-term approach to ownership in strategic niche markets, primarily technical components and solutions for industrial processes. Axel Johnson International is organised in four business groups: Fluid Handling Solutions, Industrial Solutions, Lifting Solutions and Transport Solutions.
Axel Johnson International strengthens power transmission solutions offering in the Czech Republic
Axel Johnson International strengthens power transmission solutions offering in the Czech Republic
2020-02-27Axel Johnson International is a privately owned Swedish industrial group of more than 100 companies in 25 countries, with combined annual sales of EUR 790 million. We drive business development and growth through a long-term approach to ownership in strategic niche markets, primarily technical components and solutions for industrial processes. Axel Johnson International is organised in four business groups: Fluid Handling Solutions, Industrial Solutions, Lifting Solutions and Transport Solutions.
Axel Johnson International extends its offering in power transmission solutions in Slovenia
Axel Johnson International extends its offering in power transmission solutions in Slovenia
2019-12-23Axel Johnson International is a privately owned Swedish industrial group of more than 100 companies in 25 countries, with combined annual sales of EUR 790 million. We drive business development and growth through a long-term approach to ownership in strategic niche markets, primarily technical components and solutions for industrial processes. Axel Johnson International is organised in four business groups: Fluid Handling Solutions, Industrial Solutions, Lifting Solutions and Transport Solutions.
Axel Johnson International forms sixth business group
Axel Johnson International forms sixth business group
2019-11-19Axel Johnson International is a privately owned Swedish industrial group of more than 100 companies in 25 countries, with combined annual sales of EUR 790 million. We drive business development and growth through a long-term approach to ownership in strategic niche markets, primarily technical components and solutions for industrial processes. Axel Johnson International is organised in four business groups: Fluid Handling Solutions, Industrial Solutions, Lifting Solutions and Transport Solutions.
Axel Johnson International grows offering in fluid handling solutions in Denmark
Axel Johnson International grows offering in fluid handling solutions in Denmark
2019-10-09Axel Johnson International is a privately owned Swedish industrial group of more than 100 companies in 25 countries, with combined annual sales of EUR 790 million. We drive business development and growth through a long-term approach to ownership in strategic niche markets, primarily technical components and solutions for industrial processes. Axel Johnson International is organised in four business groups: Fluid Handling Solutions, Industrial Solutions, Lifting Solutions and Transport Solutions.
Axel Johnson International extends service offering within transmission solutions in Denmark
Axel Johnson International extends service offering within transmission solutions in Denmark
2019-10-04Axel Johnson International is a privately owned Swedish industrial group of more than 100 companies in 25 countries, with combined annual sales of EUR 790 million. We drive business development and growth through a long-term approach to ownership in strategic niche markets, primarily technical components and solutions for industrial processes. Axel Johnson International is organised in four business groups: Fluid Handling Solutions, Industrial Solutions, Lifting Solutions and Transport Solutions.
Axel Johnson International expands offering in the Irish valves market
Axel Johnson International expands offering in the Irish valves market
2019-07-23 AxFlow Ireland, part of AxFlow, the Fluid Handling Solutions business group of Axel Johnson International, has acquired Irish Pump & Valves Ltd (IPV), effective 16 July. IPV is a major Irish supplier of valves, actuators, pumps and ancillary equipment with service capabilities, serving the wastewater, power generation and process industries.Axel Johnson International is a privately owned Swedish industrial group of more than 100 companies in 25 countries, with combined annual sales of EUR 790 million. We drive business development and growth through a long-term approach to ownership in strategic niche markets, primarily technical components and solutions for industrial processes. Axel Johnson International is organised in four business groups: Fluid Handling Solutions, Industrial Solutions, Lifting Solutions and Transport Solutions.
Axel Johnson International grows fluid handling solutions offering in Ireland and UK
Axel Johnson International grows fluid handling solutions offering in Ireland and UK
2019-07-18Axel Johnson International is a privately owned Swedish industrial group of more than 100 companies in 25 countries, with combined annual sales of EUR 790 million. We drive business development and growth through a long-term approach to ownership in strategic niche markets, primarily technical components and solutions for industrial processes. Axel Johnson International is organised in four business groups: Fluid Handling Solutions, Industrial Solutions, Lifting Solutions and Transport Solutions.
Axel Johnson International strengthens fluid handling solutions offering in Italy
Axel Johnson International strengthens fluid handling solutions offering in Italy
2019-06-24 Axel Johnson International’s Fluid Handling Solutions business group, AxFlow, has acquired Generalcontrol, effective 19 June. Generalcontrol is a recognised pump distributor in the Italian market mainly serving the process and sanitary industry.Generalcontrol was founded in 1967 and is a well-recognised pump distributor in Italy. Based in Milan, the company distributes positive displacement pumps, air motors, peristaltic pumps, laboratory equipment and process instrumentation to the Italian process industry. A large part of its customers is found in the sanitary, chemical, ceramics and automotive sectors. Additionally, the company offers complete in-house assembly of some products under own brand. Generalcontrol’s product offering is a great complement to AxFlow’s offering in Italy.
“Generalcontrol is a highly strategic acquisition for AxFlow Italy. It has a highly skilled workforce and excellent facilities that have enabled it to establish an excellent reputation throughout the country. Its customer base will now be able to benefit from access to our portfolio of PD pumps and at the same time, we will be able to expand into markets where until now AxFlow has had limited exposure,” says Gabriele Tanzi-Mira, Managing Director, AxFlow Italy.
Ole Weiner, CEO of AxFlow Holding,
+46 (0)8 545 476 72, ole.weiner@axflow.com
Lars Carlson, CFO of AxFlow Holding,
+46 (0)702 74 05 35, lars.carlson@axflow.com
Gabriele Tanzi-Mira, Managing Director, AxFlow Italy
+39 02 4848045, gabriele.tanzimira@axflow.it
Axel Johnson International is a privately owned Swedish industrial group of more than 100 companies in 25 countries, with combined annual sales of EUR 790 million. We drive business development and growth through a long-term approach to ownership in strategic niche markets, primarily technical components and solutions for industrial processes. Axel Johnson International is organised in four business groups: Fluid Handling Solutions, Industrial Solutions, Lifting Solutions and Transport Solutions.
Axel Johnson International strengthens offering in the Finnish mechanical power transmission market
Axel Johnson International strengthens offering in the Finnish mechanical power transmission market
2019-06-14 Nomo, part of Axel Johnson International’s business group Power Transmission Solutions, strengthens its offering in the Finnish market by the acquisition of JokiLaakeri, effective 14 June.Founded in 1991, JokiLaakeri is a highly regarded multi-brand bearing distributor in the Finnish market with a comprehensive product portfolio, high level of technical expertise and extensive service offering. The company has around 25 employees with annual sales of approx. EUR 18 million. JokiLaakeri has a leading market position in Tampere, the key industrial region in Finland, with branches in Lahti, Vaasa and Oulu, complementing Nomo’s geographical presence in the Finnish market.
“The acquisition of JokiLaakeri is fully in line with our strategic objective to take the leading position as technical solution provider within the fields of bearings, power transmissions, seals and related services in the Nordic market. JokiLaakeri becoming a part of Nomo is a great fit in terms of employees, products and geography,” says Mattias Jaginder, CEO of Nomo Group.
“Being part of and Nomo and Axel Johnson International will allow us to improve our business and strengthen our offering in Finland. I am convinced that Nomo is the best possible owner for JokiLaakeri’s employees, customers and suppliers,” says Jori Paatsjoki, CEO of JokiLaakeri.
For further information, please contact:
Hans Glemstedt, Head of Strategy and M&A, Axel Johnson International,
+46 (0)8 453 77 41, hans.glemstedt@axinter.com
Ola Sjölin, Managing Director Power Transmission Solutions, Axel Johnson International,
+46 (0)8 453 77 25, ola.sjolin@axinter.com
Axel Johnson International is a privately owned Swedish industrial group of more than 100 companies in 25 countries, with combined annual sales of EUR 790 million. We drive business development and growth through a long-term approach to ownership in strategic niche markets, primarily technical components and solutions for industrial processes. Axel Johnson International is organised in four business groups: Fluid Handling Solutions, Industrial Solutions, Lifting Solutions and Transport Solutions.
Axel Johnson International expands offering in dock and loading equipment in France
Axel Johnson International expands offering in dock and loading equipment in France
2019-05-27 Forankra France, part of Axel Johnson International’s business group Transport Solutions, has acquired Altec France, effective 24 May. Altec France is a provider of dedicated professional technical solutions in docking equipment, with a leading position in ramps.Founded in 1993, Altec France is a highly regarded company situated in Nuits-Saint-Georges, Côte d'Or, in Eastern France. It offers dedicated professional technical solutions in docking equipment to distributors, bodybuilders and end-users. Altec France has a leading position in the French ramp market and is a good complement to Forankra France, which has long experience in selling dock equipment.
“We look forward to joining forces with Altec France and we see many possibilities for cooperation when it comes to employees, products and technical expertise,” says Philippe Plossu, Managing Director, Forankra France. “With the addition of Altec France, we will be able to strengthen our presence in the French market and offer existing and potential customers an even stronger offering.”
For further information, please contact:
Erik Eklöv, Managing Director of Transport Solutions, Axel Johnson International,
+46 703 20 29 39, erik.eklov@axinter.com
Philippe Plossu, Managing Director, ACK Forankra France,
+33 6 08 73 78 22, philippe.plossu@forankra.fr
Axel Johnson International is a privately owned Swedish industrial group of more than 100 companies in 25 countries, with combined annual sales of EUR 790 million. We drive business development and growth through a long-term approach to ownership in strategic niche markets, primarily technical components and solutions for industrial processes. Axel Johnson International is organised in four business groups: Fluid Handling Solutions, Industrial Solutions, Lifting Solutions and Transport Solutions.
Axel Johnson International grows its fluid handling solutions offering in the Balkans
Axel Johnson International grows its fluid handling solutions offering in the Balkans
2019-05-10 Axel Johnson International’s Fluid Handling Solutions business group, AxFlow, has acquired VIP Tehnika, effective 26 April. VIP Tehnika is a Slovenian service and distribution company of centrifugal pumps, serving many of its neighboring countries in the Balkan region.“The acquisition is a strategic move that enables a synergistic approach for both companies and enables AxFlow Austria to expand its geographical presence and for both operations to offer existing and potential customers a greater range of products and support services.” says Ole Weiner, CEO, AxFlow Holding.
Founded in 1991, VIP Tehnika operates mainly in the water and wastewater market but also in food and beverage, industrial and chemical sectors. Its main activities cover sales, installation, commissioning, pump repairs, assembly and system integration. A further significant offering is its capabilities to design and manufacture small pump systems. Pump servicing and repairs can be provided both on-site as well as in the company’s own state-of-the-art service centre and stock management facility.
Božo Himelrajh, Managing Director and founder of VIP Tehnika comments on the acquisition:
”For us, this acquisition means a new challenge, access to new technical knowledge and new business connections. We also see possibilities of selling our products in new markets outside of the Balkans and learning new market approaches from the best.’’
Ole Weiner, CEO of AxFlow Holding, +46 8 545 476 72, ole.weiner@axflow.com
Lars Carlson, CFO of AxFlow Holding, +46 702 74 05 35, lars.carlson@axflow.com
Axel Johnson International is a privately owned Swedish industrial group of more than 100 companies in 25 countries, with combined annual sales of EUR 790 million. We drive business development and growth through a long-term approach to ownership in strategic niche markets, primarily technical components and solutions for industrial processes. Axel Johnson International is organised in four business groups: Fluid Handling Solutions, Industrial Solutions, Lifting Solutions and Transport Solutions.
Axel Johnson International expands offering in fluid handling solutions in Norway
Axel Johnson International expands offering in fluid handling solutions in Norway
2019-05-03 Axel Johnson International’s Fluid Handling Solutions business group, AxFlow, has acquired Innva AS, effective 29 April. Innva is a technical distributor of premium valves and piping solutions for the water and wastewater segment in Norway.AxFlow AS has been selling complete pump stations, instrumentation and valves for water and wastewater treatment in Norway for decades. The addition of Innva’s product assortment in valves and piping solutions will enable a stronger combined offering.
Headquartered in Baerum, a suburb of Oslo, Innva is highly regarded in the Norwegian water and wastewater segment. Innva is known for providing high-quality products, with Hawle being one of its most prominent suppliers. Since its foundation in October 2014, Innva has enjoyed strong, double-digit growth, largely due to its high service level and extensive technical expertise.
“Being a part of the AxFlow Group will bring us greater stability and strength as well as considerable opportunities for future growth,” says Hans Erik Maastad, CEO of Innva. “Adding AxFlow's service capacity and strong position in the market will further strengthen our customer offering.”
Ole Weiner, CEO, AxFlow Holding, +46 8 545 476 72, ole.weiner@axflow.com
Gunnar Ødegård, Managing Director, AxFlow AS, +47 22 73 67 01, gunnar.odegard@axflow.no
Lars Carlson, CFO, AxFlow Holding, +46 702 74 05 35, lars.carlson@axflow.com
Axel Johnson International is a privately owned Swedish industrial group of more than 100 companies in 25 countries, with combined annual sales of EUR 790 million. We drive business development and growth through a long-term approach to ownership in strategic niche markets, primarily technical components and solutions for industrial processes. Axel Johnson International is organised in four business groups: Fluid Handling Solutions, Industrial Solutions, Lifting Solutions and Transport Solutions.
Axel Johnson International’s Industrial Solutions appoints new Financial Director
Axel Johnson International’s Industrial Solutions appoints new Financial Director
2019-04-01 Axel Johnson International’s Industrial Solutions business group has appointed Therese Widell as Financial Director, effective April 1, 2019. She will report to Martin Malmvik, CEO and President of Axel Johnson International, Managing Director of Industrial Solutions.“I look forward to welcoming Therese to her new role in Industrial Solutions where the business group and group companies will benefit from her wide financial and operational experience,” says Martin Malmvik.
Axel Johnson International is a privately owned Swedish industrial group of more than 100 companies in 25 countries, with combined annual sales of EUR 790 million. We drive business development and growth through a long-term approach to ownership in strategic niche markets, primarily technical components and solutions for industrial processes. Axel Johnson International is organised in four business groups: Fluid Handling Solutions, Industrial Solutions, Lifting Solutions and Transport Solutions.
Axel Johnson International expands its presence in Poland through new Certex Polska branch
Axel Johnson International expands its presence in Poland through new Certex Polska branch
2019-03-27 Axel Johnson International’s Lifting Solutions business group is expanding its European presence of lifting know-how to Poland. Built on recently acquired IWRC in Wloclawek, the Certex Polska branch will from the beginning of April provide lifting solutions to end-customers within shipping and industrial applications.Poland is one of Europe’s strongest economies with robust underlying growth supported by ongoing investments in construction and infrastructure projects, creating high underlying demand for quality lifting solutions.
“We know that local presence is a key success factor in our industry and with Certex Polska we have the right resources to tap in to a whole new market," says Stefan Jagelid, Regional Director Baltic Sea, Lifting Solutions. "This is a great piece of the puzzle for future expansion in eastern Europe.”
Certex Polska's Branch Manager, Przemysław Banaś, sees great opportunities for the company “With the support of Lifting Solutions we are now able to expedite the development of our business and better serve the local market,” he says.
Certex Polska webpage: https://www.certex.pl/
Stefan Jagelid, Regional Director Baltic Sea, Lifting Solutions
Phone: +46 706 11 10 40, E-mail: stefan.jagelid@axinter.com
Axel Johnson International is a privately owned Swedish industrial group of more than 100 companies in 25 countries, with combined annual sales of EUR 790 million. We drive business development and growth through a long-term approach to ownership in strategic niche markets, primarily technical components and solutions for industrial processes. Axel Johnson International is organised in four business groups: Fluid Handling Solutions, Industrial Solutions, Lifting Solutions and Transport Solutions.
Axel Johnson International grows Australian fluid-handling service offer
Axel Johnson International grows Australian fluid-handling service offer
2019-01-22 Brown Brothers Engineers/Kelair Pumps, part of AxFlow, the Fluid Handling Solutions business group of Axel Johnson International, is strengthening its service offering with the acquisition of GT Water Technologies (GT Water). GT Water is a family-owned company specialised in services around fire water tanks to the building and fire safety markets in the Melbourne area.“Although a young company, GT Water has quickly established its service business, demonstrated strong, profitable growth and has a proven record of taking market shares,” says Ole Weiner, CEO, AxFlow Holding. “This is in line with AxFlow’s strategy of adding value through product selection, system design and construction, as well as local service.”
John Inkster, Managing Director of Brown Brother Engineers/Kelair Pumps, also sees considerable potential in the acquisition. “This is an opportunity for Kelair to expand its footprint in the building and fire protection markets,” he says. “It also presents an opportunity for Kelair to bring fire water storage tanks into other regions in Australia.”
For further information, please contact:
Ole Weiner, CEO of AxFlow Holding,
+46 (0)8 545 476 72, ole.weiner@axflow.com
Lars Carlson, CFO of AxFlow Holding,
+46 (0)702 74 05 35, lars.carlson@axflow.com
John Inkster, Managing Director of Brown Brother Engineers/Kelair Pumps,
+61 730 89 43 53, john.inkster@brownbros.com.au
AxFlow, the Fluid Handling Solutions business group within Axel Johnson International, specialises in the marketing, distribution and provision of a complete sales engineering services for high quality fluid handling equipment. AxFlow serves customers in the food-, chemical- & petrochemical-, water & waste water-, pharmaceutical-, pulp & paper-, mining- and ceramics industries with equipment from world leading manufacturers. High standards of technical competence, a comprehensive range of products and services, commitment and integrity have contributed to the company’s steady growth since its establishment in 1989. The AxFlow Group is active in 31 countries; it has approximately 900 employees and an annual turnover of EUR 230 million.
Axel Johnson International is a privately owned Swedish industrial group of more than 100 companies in 25 countries, with combined annual sales of EUR 790 million. We drive business development and growth through a long-term approach to ownership in strategic niche markets, primarily technical components and solutions for industrial processes. Axel Johnson International is organised in four business groups: Fluid Handling Solutions, Industrial Solutions, Lifting Solutions and Transport Solutions.
Axel Johnson International expands Polish cargo securing business
Axel Johnson International expands Polish cargo securing business
2019-01-04 Axel Johnson International’s Transport Solutions business group is strengthening its position in the Polish market for lifting and cargo securing by acquiring IWRC Sp. z o.o. The acquisition was completed on January 3.Founded in 2012, IWRC had sales of PLN 2.5 million in 2017 and strong growth in 2018. It will become part of Forankra Poland, a fast-growing member of the Transport Solutions group.
“We are very pleased that the two founders, Przemyslaw Banas and Mariusz Minta, have agreed to continue in their positions and continue to develop the business with Forankra Poland,” says Transport Solutions Group MD Erik Eklöv. “Their 25 years of experience is the key to IWRC’s rapid success and good reputation.”
Forankra Poland’s Managing Director, Maciej Nowoswiecki, sees great opportunities for both companies. “IWRC will increase Forankra Poland’s ability to develop end-user sales and wire rope sales on the Polish market,” he says. “Forankra Poland, on the other hand, will give IWRC access to a larger assortment of steel wire rope and lifting equipment as well as an extensive sourcing network.”
This acquisition is part of Transport Solutions’ strategy for growth in the Polish market. Poland is one of Europe’s most successful economies, where ongoing investments in construction and infrastructure projects have created demand for quality products in lifting and cargo securing.
For further information, please contact:
Hans Glemstedt, Head of Strategy and M&A, Axel Johnson International,
+46 (0)8 453 77 41, hans.glemstedt@axinter.com
Erik Eklöv, Managing Director of Transportation Solutions, Axel Johnson International,
+46 (0)70 202 939, erik.eklov@axinter.com
Maciej Nowoswiecki, Managing Director of Forankra Poland,
+48 690 303 733, Maciej.Nowoswiecki@forankra.pl
Axel Johnson International is a privately owned Swedish industrial group of more than 100 companies in 25 countries, with combined annual sales of EUR 790 million. We drive business development and growth through a long-term approach to ownership in strategic niche markets, primarily technical components and solutions for industrial processes. Axel Johnson International is organised in four business groups: Fluid Handling Solutions, Industrial Solutions, Lifting Solutions and Transport Solutions.
New Managing Director for Ro-Ro International
New Managing Director for Ro-Ro International
2019-01-02 Ro-Ro International, part of Axel Johnson International’s Transport Solutions business group, has appointed Pär Johansson as new Managing Director, effective January 2, 2019. Pär will succeed Thor Maugesten, who served as Managing Director of Ro-Ro International for 31 years.“Pär comes from the Forankra environment, where he was Sales Manager of Forankra AB for three years, so he already has a good understanding of the load-securing business,” says Erik Eklöv, Managing Director, Transport Solutions. “I am confident that Pär and Ro-Ro will be a good combination and that Pär will contribute to the company with his people skills and modern mindset.”
Ro-Ro International has some of the world's leading car manufacturers on the client list thanks to Thor, his leadership and team. “Thor has built a great team who deliver what they promise, enjoy their work, and work hard in an industry that never takes a weekend,” says Eklöv. “Over the years, he has created very loyal customers, which is crucial in a tightly knit, conservative industry like this one.”
Axel Johnson International is a privately owned Swedish industrial group of more than 100 companies in 25 countries, with combined annual sales of EUR 790 million. We drive business development and growth through a long-term approach to ownership in strategic niche markets, primarily technical components and solutions for industrial processes. Axel Johnson International is organised in four business groups: Fluid Handling Solutions, Industrial Solutions, Lifting Solutions and Transport Solutions.
Axel Johnson International creates Power Transmission Solutions business group
Axel Johnson International creates Power Transmission Solutions business group
2019-01-02 Axel Johnson International has formed a new, SEK 2.1 billion business group named Power Transmission Solutions, effective January 1. The new business group will focus exclusively on the power transmission market and be composed of companies active in bearings and industrial transmissions.Power Transmissions will consist of the companies within bearings and industrial transmissions including Sverull, Nomo, Acorn, Jens S, Spruit, SKS, MAK, Passerotti and Arkov. Ola Sjölin has been appointed Managing Director of the new Power Transmission Solutions business group effective January 1, leaving his previous position as Managing Director of the Industrial Solutions business group.
“This is a natural step for the Power Transmissions platform, following its rapid growth in recent years,” says Ola Sjölin “It will allow us to increase our efforts to grow and develop this part of the business.”
Industrial Solutions will continue with its other companies, Trans-Auto group, IOW, MIT, ATZ, GISAB and newly acquired OCS. Martin Malmvik CEO of Axel Johnson International will add the role of Managing Director of the Industrial Solutions business group to his current responsibilities.
Axel Johnson International is a privately owned Swedish industrial group of more than 100 companies in 25 countries, with combined annual sales of EUR 790 million. We drive business development and growth through a long-term approach to ownership in strategic niche markets, primarily technical components and solutions for industrial processes. Axel Johnson International is organised in four business groups: Fluid Handling Solutions, Industrial Solutions, Lifting Solutions and Transport Solutions.