Axel Johnson International strengthens power transmission offering in Norway
Axel Johnson International’s business group Power Transmission Solutions acquires TP Nordic A/S, a well-known distributor in the Norwegian mechanical power transmission market.“The acquisition of TP Nordic is well aligned with our strategy of geographical expansion and will strengthen our offering in stainless steel products, electric motors and products focused on markets such as marine applications and fish processing in Norway”, says Ola Sjölin, Managing Director, Power Transmission Solutions. Founded in 2006, TP Nordic is a well-established transmission, motor and gear distributor in