Axel Johnson International has decided to merge its business groups Power Transmission Solutions and Industrial Automation into one unified business group, operating under the name Power Transmission Solutions. Anton Kullh has been appointed Managing Director of the merged business group.
Forankra Group, part of Axel Johnson International’s Transport Solutions business group, has acquired a majority stake in Ekofol, a leading Czech provider of cargo securing and packaging solutions. The acquisition strengthens Forankra Group’s presence in Central and Eastern Europe and supports its strategy to expand its offering within cargo securing and one-way securing solutions.
Axel Johnson International's business group Lifting Solutions has acquired The Lifting Company (TLC), a Perth-based specialist in engineered lifting and rigging solutions. The acquisition strengthens Lifting Solutions' Australian platform by adding in-house design, engineering, and fabrication capabilities for complex lifting applications.
Axel Johnson International’s business group Lifting Solutions, has acquired Danish Crane Building A/S (DCB), a Danish manufacturer of advanced crane systems for industrial applications. The acquisition further strengthens Lifting Solutions’ position in engineered lifting solutions and adds specialist expertise in automated crane systems for complex operating environments.
Axel Johnson International announces that Linda Wikström has been appointed to its Board of Directors, effective June 1. With a strong background in senior leadership, investments, and board roles across industrial and investment‑driven organizations, she will add valuable experience to the Board.
Axel Johnson International’s business group Industrial Automation has acquired Denca Controls Ltd., a UK-based automation controls company based in Widnes, Cheshire. The acquisition marks Industrial Automation’s entry into the automation controls niche and strengthens its market position in the UK.
Forankra Group, part of Axel Johnson International’s Transport Solutions business group, has acquired Begni Group S.p.A., a well-established Italian distributor of primarily cargo securing and lifting products. The acquisition strengthens Forankra Group’s presence in Southern Europe and supports its strategy to expand regionally while enhancing its offering within the industrial segment.
Axel Johnson International’s business group Driveline Solutions has acquired Total Hydraulics Group B.V., a Dutch provider of hydraulic solutions. The acquisition marks Driveline Solutions’ first entry into the Netherlands, establishing a new geographic presence while strengthening its hydraulic platform.
AxFlow Oceania, part of the AxFlow Group, has partnered with management and acquired a majority stake in Dowdens Group, a leading provider of fluid handling solutions based in Queensland, Australia. This represents AxFlow’s largest investment in Oceania to date and solidifies its position in the Australian market.
Axel Johnson International is pleased to announce that Anders Slettengren has been appointed to its Board of Directors. With extensive experience in investments, business development across multiple industries, Anders further strengthens the Board’s strategic capabilities as the group continues its growth journey.
Acorn, part of Axel Johnson International’s Power Transmission Solutions business group, has acquired LER Ltd (LER), a UK-based electro-mechanical engineering company with strong expertise in electric motor repair and advanced on-site services.
Induchem Group Ireland, part of AxFlow Group, has acquired MAAS Ltd
TMT Widni Oy, a Finnish vehicle component group within Axel Johnson International’s business group Transport Solutions, has acquired a majority shareholding in RST Steel Oy, a leading Finnish manufacturer of bull bars and light bars for commercial vehicles. The acquisition strengthens Transport Solutions’ vehicle component offering and supports continued growth in vehicle safety products.
Forankra Group, part of Axel Johnson International’s Transport Solutions business group, has acquired Locatum AB, a Swedish specialist in cargo securing solutions for marine transport. The acquisition strengthens Forankra Group’s position in marine cargo securing and supports continued growth in Northern Europe and the Baltic Sea.
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.
