AxFlow Holding AB Acquires Danish PHE Nordic A/S
AxFlow Holding AB has acquired PHE Nordic A/S, a Danish-based specialist in spare parts and repair & maintenance services for plate heat exchangers and freshwater generators.
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Driveline Solutions Expands Hydraulics Business in the UK Through the Acquisition of Flowfit
Driveline Solutions strengthens its presence in the UK and expands its hydraulics business through the acquisition of Flowfit, a leading distributor of hydraulic components and systems for off-highway, marine and industrial applications. The acquisition reinforces Driveline Solutions’ strategic focus on the hydraulics segment and establishes a strong platform for growth in the UK market.
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AxFlow A/S Appointed Official Distributor of Lowara Products in Denmark
AxFlow A/S has been appointed the official distributor of Lowara pumps and spare parts in Denmark, effective 1 December 2025. The change comes as part of a broader organizational adjustment by Xylem, the manufacturer of Lowara products, following more than 25 years of distribution through Xylem Denmark.
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Airsoft Strengthens Technical Leadership in Italy Through the Acquisition of Tekno Uno
Airsoft, Axel Johnson International’s platform company within Industrial Automation, has acquired Tekno Uno, a leading Italian technical distributor based in Verona. The acquisition strengthens Airsoft’s position in automation components and technical solutions while expanding Axel Johnson International’s Industrial Automation business group’s footprint in southern Europe.
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The Forankra Group has Acquired a Majority Share in NWE Network Engineering in Finland
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.
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Strengthened Position in Czech Motion Control Market Through the Acquisition of RAVEO Group
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.
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AxFlow Acquires Matrix Process Solutions to Strengthen Engineering and Project Capabilities in Australia
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.
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Nomo Group Expands Offering Within Linear Technology by Acquiring Assets in Bosch Rexroth
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.
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Stronger Rental Offering in Australia as Queensland Rigging Hire Becomes Part of Lifting Solutions Group
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.
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Slovenian Companies Tinex and Bell Merge to Accelerate Collaboration and Build a Stronger Offering
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.
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Industrial Automation group company CALDAN strengthens European position through acquisition of French SEMA
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.
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Royse Expands Its presence in Spain with the acquisition of Rodaments I Subministraments Cappont
Spanish company Rodamientos y Servicios S.L. (“Royse”), part of Axel Johnson International’s business group Power Transmission Solutions, continues its geographical expansion by acquiring Rodaments I Subministraments Cappont S.L. (“Cappont”). Located in the leading industrial region Catalonia, Cappont is an established multi-brand distributor of power transmission products and related services.
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