Axel Johnson International acquires Swedish bearing distributors.
Nomo, part of Axel Johnson International, strengthened its position on the Nordic market for bearings, transmissions and seals by acquiring Rotera Kullager in Täby AB and Rotera Kullager in Västberga AB on February 2. The Rotera Kullager companies have annual sales of SEK 27 million. The move is in line with the long-term strategy of Axel Johnson International’s Industrial Solutions business group. “This is part of our ambition to grow our power transmissions business by developing existing companies and expanding in new markets throughout Europe,” says Ola Sjölin,