Axel Johnson International acquires HBA Fordonsteknik AB

Axel Johnson International’s business group Transport Solutions acquires HBA Fordonsteknik AB, a Swedish a reseller of electric components and lights to vehicles.

“The acquisition of HBA Fordonsteknik is part of our strategy of market expansion and to extend the group’s private label offering in lights. HBA is a well-run and profitable company that fits well into the group, and we see possibilities for synergies in many different areas,” says Erik Eklöv, Managing Director, Transport Solutions.

HBA Fordonsteknik AB was founded in 1988 and is situated in Norsborg, outside of Stockholm, Sweden. The company is a reseller of electric components and lights to vehicles and their customers are OEM, body builders, importers and aftermarket in Scandinavia and the Baltics.

“We are happy to become part of Axel Johnson International with its entrepreneurial culture and look forward to continue to grow the company with Transport Solutions,” says Per Lundberg, co-founder of HBA Fordonsteknik.

For further information, please contact:

Erik Eklöv, Managing Director, Transport Solutions,
+46 703 20 29 39, erik.eklov@axinter.com

Per Lundberg, HBA Fordonsteknik
+46 707 70 46 59, per.lundberg@hba.nu

Axel Johnson International is a global industrial group of 170 companies in 30 countries. We drive business development and growth through a long-term approach to ownership in strategically selected niche markets, primarily technical components and solutions for industrial processes. Axel Johnson International is organised in six business groups: Driveline Solutions, Fluid Handling Solutions, Industrial Automation, Lifting Solutions, Power Transmission Solutions and Transport Solutions. We are part of the Swedish family-owned corporate group Axel Johnson. www.axinter.com