Axel Johnson International’s Jens S Group acquires the operations of Reva Drivteknik AB
Jens S Group, part of the Power Transmission Solutions business group of Axel Johnson International, has through its subsidiary Jens S. Transmissioner AB acquired the operations of Reva Drivteknik AB, effective June 15th. Reva is a Swedish distributor of industrial clutches and brakes with magnetic technology, serving customers in Sweden and parts of Norway.
“The asset deal with Reva is fully in line with our business group’s strategic objective. Reva’s products are highly complementary to Jens S’ current product portfolio, allowing for an offer of wider, smarter and alternative technical solutions”, says Ola Sjölin, Managing Director, Power Transmission Solutions.
Reva is a small distributor of transmission products such as clutches and brakes with magnetic technology. Its product portfolio includes components for operation, control and safety in applications like conveyors, doors, printing machines, valves and medical equipment. The company has built a strong relationship with its main supplier since 1991, German KEB Brinkmann. Up to this point, Reva is operating from Malmö in the southern part of Sweden, but its operations will move into Jens S. Transmissioner in Norrköping. Johan Benzler, Division Manager, Power Transmission Solutions and Managing Director at Jens S. Group, comments on the deal:
“For Jens S, there are considerable opportunities to grow within niche industrial areas like magnet technology and brakes due to the operational synergies we’ve identified in acquiring Reva’s operations”.
For further information, please contact:
Ola Sjölin, Managing Director, Power Transmission Solutions
+46 706 67 24 68, email@example.com
Johan Benzler, Division Manager, Power Transmission Solutions and
Managing Director, Jens S. Group
+46 11 19 80 79, firstname.lastname@example.org
Axel Johnson International is a global industrial group of more than 150 companies in 30 countries. We drive business development and growth through a long-term approach to ownership in strategically selected niche markets, primarily technical components and solutions for industrial processes. Axel Johnson International is organised in six business groups: Driveline Solutions, Fluid Handling Solutions, Industrial Solutions, Lifting Solutions, Power Transmission Solutions and Transport Solutions. We are part of the Swedish family-owned corporate group Axel Johnson.