The acquisition of the majority share of South African AQS Liquid Transfer Ltd. marks an important extension of the market reach of Axel Johnson International’s business group AxFlow, one of Europe’s leading providers of pumps and pump expertise for process industries.
The two distributors of parts for heavy vehicles are acquired by Europart, a German provider of commercial vehicle spare parts with operations in 27 countries.
With the acquisition of industrial parts distributor Acorn Industrial Services Group, Axel Johnson International strengthens its position in the UK market and takes an important step in growing its European technology trade business within bearings and transmissions.
