Axel Johnson International strengthens its presence in the Norwegian power transmission market
Nomo Group, part of Axel Johnson International’s business group Power Transmission Solutions, strengthens its position in the Norwegian market by the acquisition of ABRA Kulelagersenteret AS, effective 4 May. ABRA is a leading distributor of premium bearing brands, mainly serving the MRO segment.“The acquisition of ABRA is well in line with our business group strategy for expanded geographical presence in our existing markets. ABRA is an excellent fit for Nomo Group as we have identified multiple value creation opportunities for the two companies to tap into,” says Ola Sjölin, Managing