Axel Johnson International

Sverull ElektroDynamo and ME Maskin- och Industriservice merging to strengthen customer offering

Press release   •   Nov 11, 2016 10:00 CET

Sverull ElektroDynamo and ME Maskin- och Industriservice, both companies within Axel Johnson International’s business group AxIndustries, are to merge in order to better meet market demands for comprehensive industry services.

The joint company will maintain the Sverull ElektroDynamo brand name for its services and products safeguarding the efficient and reliable production for customers within the manufacturing- and process industries. The company will become a leading provider of industrial services and the distribution of mechanical and electromechanical components, bearings, transmission, seals and pumps. Customers will be offered services ranging from analyses and project planning to assembly, technical support, maintenance, repair and refurbishment.

“There is an increasing demand for not only the efficient supply of components but a more comprehensive service offering to safeguard the operations of our industrial customers. By combining the genuine product and application knowledge and the longstanding experience of the two businesses we can become an even more important partner to industry. The two companies complement each other very well”, says Ola Sjölin, CEO of AxIndustries.

Sverull ElektroDynamo has provided Swedish industry with components for more than 75 years. ME Maskin- och Industriservice is a service provider specialising in trouble shooting, maintenance, refurbishment and the upgrading of industrial equipment either on-site at customers or in their own workshops.

Göran Hegestig will remain the Managing Director of the joint company, Sverull ElektroDynamo. The merger will be completed during January, 2017.

For more information, please contact:
Ola Sjölin, CEO, AxIndustries, + 46 (0)70 6672468,
Göran Hegestig, Managing Director, Sverull ElektroDynamo, +46 (0)77 0221410,

Axel Johnson International is a privately owned industrial group offering development and growth opportunities for aspiring technology businesses.

The more than 90 companies that today make up Axel Johnson International are all experts in their respective segments, adding value by improving the efficiency, reliability, quality and safety of industrial operations. Their services range from efficient distribution of industrial products to maintenance, support and customised technical solutions.

Headquartered in Stockholm, Sweden, the Axel Johnson International group of companies has 2,640 employees, annual sales of 7 MEUR, and operations in more than 25 countries.