Axel Johnson international expands UK fluid handling business with Crest Process Engineering acquisition
Axel Johnson International’s Fluid Handling Solutions business group, AxFlow, has acquired Crest Process Engineering Limited – Radstock, effective October 1. The company sells pumps, spares, systems, ancillary equipment and service/repair in southwest England and south Wales. Its main markets are food & beverage, chemicals, industrial and marine.
Crest Process Engineering has a strong regional presence in the field of fluid handling and service support, so it complements AxFlow UK’s four service and repair centres in Slough, Huddersfield, Aberdeen and Durham. This dovetails with the AxFlow strategy of supporting customer needs locally.
“The Crest Process Engineering acquisition raises AxFlow’s profile as a complete pump company and makes us an attractive partner for UK customers,” says Ole Weiner, CEO, AxFlow Holding.
“Crest Process Engineering has extremely good long-term customer relationships,” says Tony Peters, Managing Director, AxFlow UK. “The sales, technical and service knowledge within Crest Process Engineering is also very good – they see great opportunities to sell AxFlow’s products and services. It also kick-starts further AxFlow UK growth of pump sales and service in the South West of England and South Wales.”
With the addition of Crest Process Engineering, the AxFlow company in Great Britain has 95 employees, including 30 hands-on service and workshop staff.
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, the Fluid Handling Solutions business group within Axel Johnson International, specialises in the marketing, distribution and provision of a complete sales engineering services for high quality fluid handling equipment. AxFlow serves customers in the food-, chemical- & petrochemical-, water & waste water-, pharmaceutical-, pulp & paper-, mining- and ceramics industries with equipment from world leading manufacturers. High standards of technical competence, a comprehensive range of products and services, commitment and integrity have contributed to the company’s steady growth since its establishment in 1989. The AxFlow Group is active in 31 countries, it has approximately 700 employees and an annual turnover of EUR 180 million.
Viktor Skargren
Head of Communication / Project Manager Strategy and M&A
viktor.skargren@axinter.com
Axel Johnson International is a privately owned Swedish industrial group of more than 100 companies in 25 countries, with combined annual sales of EUR 790 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
