Axel Johnson International strengthens presence in Nordic Power Transmission Market
Axel Johnson International is strengthening its mechanical power transmissions business in the Nordics by acquiring five companies with a combined turnover of EUR 40 million from the Finnish SKS Group. The companies are market leading in their niches, offering premium products and services to the Nordic machine and equipment-building industry.The transaction, signed on December 18, includes the companies SKS Control Oy, SKS Mechatronics Oy, SKS Mekaniikka Oy, SKS Sweden AB and SKS Tehnika OÜ. Products include mechanical power transmission components, such as gears and motors, belts and