Axel Johnson International enters the Italian power transmission market
Axel Johnson International’s business group Power Transmission Solutions enters the Italian market by acquiring a majority stake in power transmission group GMM.“GMM is a perfect fit to our business group when it comes to strategic foundations, core values, and vision. We look forward to expanding GMM’s value-added services such as condition monitoring, repair, and renovation of critical components across our group,” says Ola Sjölin, Managing Director, Power Transmission Solutions. GMM was founded in 1973 by Attilio Milani, and has its head office in Modena, Italy, with an American