Axel Johnson International enters industrial automation via acquisition of OCS
Axel Johnson International has entered the market for overhead conveying solutions and industrial automation by acquiring a majority stake in OCS AB, a global provider of overhead conveyor systems based in Borås, Sweden.OCS provides high quality overhead conveyors systems for the automotive, aviation and general industries and has a particularly strong presence in the Nordic region and central Europe. The Company adds SEK 100 million of revenue to the Axel Johnson International group and will form an initial platform from which the Group intends to build a strong Pan-European player within