Axel Johnson International expands fluid handling service capacity in France
AxFlow France, part of the Fluid Handling Solutions business group of Axel Johnson International, has taken a strategic step to strengthen its service capacity in the French fluid handling market with the acquisition of RDC Production. The acquisition is in line with AxFlow’s strategy of growing by adding value-added service as a differentiator from its competition. The transaction closed January 12.
RDC specialises in industrial equipment service and maintenance for pumps, heat exchangers, homogenizers, and valves. It also conducts integrity tests on exchangers and tanks and offers multi-brand equipment, spare parts and tailor-made systems. Based in the west of Paris, RDC operates in well equipped, modern facilities with 43 employees which include many highly skilled technicians with the expertise to take on a broad range of service applications.
“RDC is a solid, well-respected provider of fluid handling service for the food, pharma, chemicals, petrochemicals and cosmetics – all important business segments for AxFlow,” says Ole Weiner, CEO of AxFlow Holding. “Adding RDC’s expertise in service will reinforce our solution-provider strategy and allow us to improve the service offer in the French market.”
Meanwhile, RDC is expected to benefit from the increased visibility and sales activity generated through AxFlow sales staff as well as through knowledge-sharing between the companies.
“Joining an internationally renowned group like AxFlow is a real opportunity for RDC Productions to develop! We are honoured to now be a part of it," says Raymond Chevallier, "This will offer great opportunities to our staff, and our future together will ensure sustainable and profitable growth. RDC and AxFlow are two complementary companies, and the synergy of their know-how will be the key to success.”
For further information, please contact:
Hans Glemstedt, Head of Strategy and M&A, Axel Johnson International,
+46 (0)8 453 77 41, hans.glemstedt@axinter.com
Ole Weiner, CEO of AxFlow Holding,
+46 (0)8 545 476 72, ole.weiner@axflow.com
Lars Carlson, CFO of AxFlow Holding,
+46 (0)702 74 05 35, lars.carlson@axflow.com
AxFlow France has been active in the French market for nearly 30 years. It is part of the AxFlow Group, the Fluid Handling Solutions business group within Axel Johnson International. The AxFlow Group is active in 27 countries and has approximately 600 employees and an annual turnover of EUR 180 million.
Viktor Skargren
Project Manager M&A, Strategy & Communication
viktor.skargren@axinter.com
Axel Johnson International is a privately owned Swedish industrial group of more than 90 companies in 25 countries, with combined annual sales of EUR 750 million. We drive business development and growth through a long-term approach to ownership in strategic niche markets, primarily technical components and solutions for industrial processes. Axel Johnson International is organised in four business groups: Fluid Handling Solutions, Industrial Solutions, Lifting Solutions and Transport Solutions.
www.axinter.com