The Forankra Group has acquired a majority stake in Finland's NWE Network Engineering, enhancing its cargo securing portfolio. This acquisition strengthens Forankra's Finnish presence, leveraging NWE's expertise and product range to meet growing demand for automated cargo securing solutions across Europe.
Axel Johnson International’s business group Power Transmission Solutions grows in Central and Eastern Europe with the acquisition of RAVEO Group. Known for its technical expertise and unique offering, RAVEO holds a strong market position as one of the largest independent power transmission and motion control specialists in the Czech Republic and Slovakia.
AxFlow Oceania, part of AxFlow Group, announces the acquisition of Matrix Process Solutions (MPS), a specialist in hygienic flow process systems for the food, beverage, dairy, brewery, and pharmaceutical industries.
Nomo Group, part of Axel Johnson International’s business group Power Transmission Solutions, has signed an agreement to acquire assets in Bosch Rexroth Customizing Center in Helsingborg, Sweden. With the addition of Bosch Rexroth’s Helsingborg unit, Nomo is expanding its offering in linear technology and industrial automation across the Nordics.
Lifting Solutions Group (LSG) has strengthened its Australian rental offering with the acquisition of Queensland Rigging Hire (QRH), a Brisbane-based company specializing in lifting and rigging equipment hire. With depots now operating in Brisbane, Melbourne, Perth, and Karratha, LSG has become Australia’s first lifting and rigging rental provider with nationwide coverage.
Tinex and Bell, the Slovenian companies within Axel Johnson International’s business group Power Transmission Solutions (“PTS”), merge on September 26, and will be operating under the new name Tinex & Bell d.o.o. The companies have served the same market for many years, and consolidating into one strong unit will strengthen the customer offering and improve market position in the Adriatic region.
Business group Industrial Automation continues its international expansion as CALDAN, a global leader in conveyor solutions, acquires SEMA, a French engineering company with strong expertise in high-performance conveyor technologies.
