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.
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.
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.
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.
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.
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.
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.
AxFlow announces the acquisition of Advanced Pump Technologies Pty Ltd (APT), a leading distributor of fluid handling equipment and pump systems in Western Australia. With this acquisition AxFlow secures an even stronger foothold in key segments and enhances its offering of energy-efficient and innovative fluid handling solutions across the Australian continent.
Axel Johnson International continues its strategic growth journey through its Fluid Handling Solutions business group with the acquisition of Advanced Vacuum in Sweden. The acquisition is carried out by AxFlow AB, part of the AxFlow Group, and further strengthens the group’s position in the Nordic vacuum technology market.
AxFlow, the fluid handling solutions group of Axel Johnson International, announces the acquisition of Jadler Industries, a leading Canadian provider of fluid handling systems and services based in Calgary, Alberta. This marks Axel Johnson International’s second acquisition in Canada in a short time and represents a key step in the group’s long-term strategy for geographic expansion.
Axel Johnson International expands into Canada with the acquisition of Lam-é St-Pierre Group, marking the group’s first establishment in the country. This strategic direction creates opportunities in a new geographic market with an industrial composition and cultural fit well-aligned with the group.
Axel Johnson International’s business group Power Transmission Solutions (“PTS”) improves its market position and customer offering in Italy through the strategic acquisition of FIMO S.p.A. With over 50 years of experience distributing mechanical components and services to the industry, FIMO is a recognized solutions provider, with a focus on the ceramic tile manufacturing sector.
Axel Johnson International’s Lifting Solutions Group strengthens its Western Australian presence with the acquisition of Lifting Gear Hire & Sales (LGHS). The move improves the group's ability to provide high-quality lifting and rigging equipment rentals to industries such as construction, resources, engineering, and offshore.
GMM Group, part of Axel Johnson International’s business group Power Transmission Solutions, acquires Italian service specialist KCM Srl. This acquisition is an important step for GMM in becoming a full-range provider for ceramic tile customers, offering power transmission products and services throughout the production process.
Axel Johnson International’s business group, Transport Solutions, has acquired WIP, a Swedish supplier of high-quality rear-view camera systems and sensors for industrial vehicles. The acquisition expands Transport Solutions’ product portfolio while reinforcing its position in the vehicle components market.