Axel Johnson International grows Australian fluid-handling service offer
Brown Brothers Engineers/Kelair Pumps, part of AxFlow, the Fluid Handling Solutions business group of Axel Johnson International, is strengthening its service offering with the acquisition of GT Water Technologies (GT Water). GT Water is a family-owned company specialised in services around fire water tanks to the building and fire safety markets in the Melbourne area.
Established in 2012 and now with 11 employees, GT Water is a young, fast-growing company based in Melbourne. GT Water is particularly strong in pump systems and assemblies with the main products being the storage tanks and systems for fire suppression, hydraulic systems for storm water, sewage and domestic hot water, as well as pump service and installation for industry.
“Although a young company, GT Water has quickly established its service business, demonstrated strong, profitable growth and has a proven record of taking market shares,” says Ole Weiner, CEO, AxFlow Holding. “This is in line with AxFlow’s strategy of adding value through product selection, system design and construction, as well as local service.”
John Inkster, Managing Director of Brown Brother Engineers/Kelair Pumps, also sees considerable potential in the acquisition. “This is an opportunity for Kelair to expand its footprint in the building and fire protection markets,” he says. “It also presents an opportunity for Kelair to bring fire water storage tanks into other regions in Australia.”
For further information, please contact:
Ole Weiner, CEO of AxFlow Holding,
+46 (0)8 545 476 72, ole.weiner@axflow.com
Lars Carlson, CFO of AxFlow Holding,
+46 (0)702 74 05 35, lars.carlson@axflow.com
John Inkster, Managing Director of Brown Brother Engineers/Kelair Pumps,
+61 730 89 43 53, john.inkster@brownbros.com.au
AxFlow, the Fluid Handling Solutions business group within Axel Johnson International, specialises in the marketing, distribution and provision of a complete sales engineering services for high quality fluid handling equipment. AxFlow serves customers in the food-, chemical- & petrochemical-, water & waste water-, pharmaceutical-, pulp & paper-, mining- and ceramics industries with equipment from world leading manufacturers. High standards of technical competence, a comprehensive range of products and services, commitment and integrity have contributed to the company’s steady growth since its establishment in 1989. The AxFlow Group is active in 31 countries; it has approximately 900 employees and an annual turnover of EUR 230 million.
Viktor Skargren
Head of Communication / Project Manager Strategy and M&A
viktor.skargren@axinter.com
Axel Johnson International is a privately owned Swedish industrial group of more than 100 companies in 25 countries, with combined annual sales of EUR 790 million. We drive business development and growth through a long-term approach to ownership in strategic niche markets, primarily technical components and solutions for industrial processes. Axel Johnson International is organised in five business groups: Fluid Handling Solutions, Industrial Solutions, Lifting Solutions, Power Transmission Solutions and Transport Solutions.
www.axinter.com
