Axel Johnson International strengthens vehicle components offering in the Nordics
Axel Johnson International’s business group Transport Solutions strengthens its position by the acquisition of Ab Transcomponent Finland Ltd (TransComponent), a leading manufacturer of products and accessories for heavy vehicles in the Nordic market.
“We are happy to welcome TransComponent to our group, this is well-aligned with our business group strategy for continued expansion. This is a well-run and profitable company that will make a good addition through its high-quality products and close customer relationships. TransComponent will complement our offering as well as enable synergies with the other companies in our group,” says Erik Eklöv, Managing Director, Transport Solutions.
TransComponent is a family business founded in 1996 and located in Närpes in the Swedish-speaking part of Österbotten in Finland. The company with its 20 employees, manufactures and sells boxes for trucks and trailers. TransComponent has a long history and experience in the industry starting as a branch within BotniaTerm that has been manufacturing boxes since the 80s. The primary customers are bodybuilders in Finland and Sweden, the main products are toolboxes and spare-tyre boxes sold under the BT brand.
“We are glad to become part of Transport Solutions and Axel Johnson International. This entrepreneurial, large industrial group will bring us considerable opportunities for future growth,” says Kenneth Sundblad, Managing Director and majority owner, Ab Transcomponent Finland Ltd.
For further information, please contact:
Erik Eklöv, Managing Director, Transport Solutions
+46 703 20 29 39, erik.eklov@axinter.com
Kenneth Sundblad, Managing Director, TransComponent
+358 40 482 08 66, kenneth.sundblad@transcomponent.com
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