Axel Johnson International extends electric and hybrid-electric offering in Driveline Solutions
Axel Johnson International’s business group Driveline Solutions strengthens its position in the driveline market via its investment in Elforest AB, effective 31 March 2020. Elforest is a technical consultant, focused on electric and hybrid-electric driveline systems for mobile off-highway segment, serving a number of recognised OEMs in the Nordic market.
“The investment in Elforest is well in line with the business group strategy, to grow our experience and capability in the field of sustainable driveline technologies. Elforest is a valuable addition to the Driveline Solutions business group with their long-standing technical expertise and knowhow in hybrid-electric and electrical driveline systems” says Jan Brattberg, Managing Director, Driveline Solutions.
Founded in 2006, Elforest is a technical consultant focused on condition monitoring, battery technology as well as electric and hybrid electric driveline systems for the mobile off-highway segment. The company is located in Örnsköldsvik in the northern parts of Sweden and serves a number of well-known Nordic off-highway vehicle OEMs. Elforest’s strength lies in its ability to perform cost effective electric and hybrid-electric prototype development, covering the complete development cycle from initial specifications to field testing and performance optimization. It also has a set of proprietary products in condition monitoring, steering solutions and battery management, all with own software IP.
“We are glad to be a part of Driveline Solutions and Axel Johnson International. Being a part of a big industry group will strengthen our position in the driveline market and provide new opportunities for further growth” says Gabriel Söderholm, Managing Director of Elforest.
For further information, please contact:
Jan Brattberg, Managing Director, Driveline Solutions
+46 (0)70 652 65 20, jan.brattberg@axinter.com
Gabriel Söderholm, Managing Director, Elforest AB
+46 (0)73 046 65 10, gabriel.soderholm@elforest.se
Amanda Åman
Marketing & Communications Manager - Power Transmission Solutions
amanda.aman@axinter.com
Axel Johnson International is a global industrial group of more than 120 companies in 28 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: Fluid Handling Solutions, Industrial Solutions, Lifting Solutions, Power Transmission Solutions, Transport Solutions and Driveline Solutions. We are part of the Swedish family-owned corporate group Axel Johnson.
www.axinter.com