Press release -
Axel Johnson International Acquires a Majority Stake in Finnish Seals Expert Top-Osa OY
Axel Johnson International’s business group Power Transmission Solutions (PTS) announces the strategic acquisition of Finnish sealing specialist Top-Osa. The acquisition is done by PTS company Nomo Group and aligns with the strategy of growing within sealing technology. Holding a unique position in the market, Top-Osa is renowned for its highly competent people with in-depth product knowledge and strong production capacity.
Located in Tampere, Top-Osa is a leading seals expert on the Finnish market, known for its product offering and ability to meet specific customer demand. Founded in 1982 and managed by its current owners since 2010, the company is recognized for its reliability, flexibility and quick deliveries. Top-Osa specializes in providing both standardized and customized seals, utilizing the highest-class raw materials and an extensive quality assurance system. Thanks to skilled staff with deep technical knowledge, Top-Osa has built strong, long-lasting customer relationships over time, establishing themselves as a trusted sealing partner.
“Top-Osa is a highly synergetic fit to Nomo Group as we share the same values and vision for future growth and development. The acquisition of Top-Osa delivers additional value for our OEM and MRO customers, by providing an expanded product range and improved technical knowledge,“ says Henrik Walter, Managing Director of Nomo Group.
The sealing segment has been identified as an area with great growth potential and this strategic move by Nomo Group enhance the sealing offering across the Nordics. As two highly complementary businesses, Top-Osa brings production capacity and competence to Nomo’s broad customer base. Top-Osa will maintain its current management, continuing to offer a high level of service and expertise.
“We are excited to join forces with Nomo Group and become part of Axel Johnson International, it is a perfect fit to our culture and way of doing things. We have a long-standing and strong relationship with Nomo Group and know how well they treat their customers and personnel, which made the decision easy,” says Kalle Tuominen, CEO of Top Osa.
About Nomo Group
Nomo is a technical solution provider to the industry, with operations in Sweden, Finland, Denmark, Norway and China. The company was founded in 1948 and has since then developed a strong offer in bearings, transmissions, seals and related services in the Nordic market. Nomo supplies products and services to both OEM and MRO customers. The company has more than 180 employees and annual sales of approximately SEK 850 million.
About Top-Osa Oy
Established in 1982, Top-Osa Oy focuses on providing high-quality hydraulic and pneumatic sealing solutions. With over 30 years of experience, the company designs and manufactures custom seals based on precise specifications, utilizing premium materials from top European suppliers. A large inventory of nearly 15,000 standard seals ensures quick delivery, and the company is recognized for its exceptional service and fast turnaround times, with custom orders often shipped the same day.
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Axel Johnson International is a privately owned Swedish industrial group operating globally. The group has a dedicated long-term approach to ownership, emphasizing sustainable progress and collaboration. The focus lies on acquisitions and the development of companies, specializing in technical components and industrial solutions. The group consists of more than 200 companies and employs 5,700 people in 34 countries, organized into six business groups, each focusing on selected niche markets. Axel Johnson International is a part of the Swedish family-owned corporate group, Axel Johnson. www.axinter.com