AxFlow Norway expands presence in Water and Wastewater Infrastructure Solutions
AxFlow Norway, part of Axel Johnson International’s business group Fluid Handling Solutions, acquires VA-Prosjekt Midt-Norge, a renowned provider of turnkey solutions to municipalities in the field of water and wastewater infrastructure. The acquisition marks a significant milestone in AxFlow’s strategic expansion plan, reinforcing its commitment to delivering comprehensive and sustainable solutions to customers in Norway.
VA-Prosjekt Midt-Norge, found in 1999, has established a strong reputation in the industry, offering comprehensive turnkey solutions that encompass the design, project management, and implementation of small and medium-sized technical installations of water and wastewater facilities. With a well-established advisory and contractor service for professional users, VA-Prosjekt Midt-Norge has been instrumental in addressing the critical needs of municipalities, ensuring the efficient management of vital resources. The acquisition of VA-Prosjekt Midt-Norge presents exciting opportunities for AxFlow to broaden its service portfolio and provide even greater value to its customers.
One of the key advantages of this acquisition is the synergy between the two companies' product lines and contracting and consulting services. AxFlow specialises in the sales and distribution of high-value fluid handling equipment such as pumps, valves, flow meters and other instrumentation for water and wastewater, while VA-Prosjekt Midt-Norge excels in contracting and consulting services and providing comprehensive turnkey solutions. By integrating their respective strengths, AxFlow will now be able to offer a complete package of products and services, enhancing its position in the market and creating new avenues for growth.
Furthermore, the acquisition grants AxFlow a strong local presence in the Trondheim area. This local footprint will enable AxFlow to better understand the unique challenges faced by municipalities in that region and develop tailored solutions to meet their specific needs.
"We are thrilled to announce the acquisition of VA-Prosjekt," said Gunnar Ødegård, Managing Director of AxFlow Norway. "This strategic move not only expands our well-established cooperation since many years back, but combining our product and service offerings also strengthens our presence in the water and wastewater infrastructure sector. With VA-Prosjekt expertise and established customer base, we are confident in our ability to deliver innovative, sustainable, and efficient solutions to municipalities in Norway."
Jan Olav Haugen, Founder of VA-Prosjekt Midt-Norge added: “Becoming a part of the AxFlow Group represents a new and exciting chapter in the growth trajectory of VA-Prosjekt. The combined strengths of both companies will enable us to drive innovation, enhance operational efficiencies, and deliver even greater value to our customers. By leveraging our collective resources and expertise, we will be well-positioned to make a significant impact in the water and wastewater infrastructure market.”
For further information, please contact:
Ole Weiner, CEO of AxFlow Holding, +46 (0)8 545 476 72, ole.weiner@axflow.com
Andreas Lindahl, CFO of AxFlow Holding, +46 (0) 8 545 476 70, andreas.lindahl@axflow.com
Gunnar Ødegård, Managing Director AxFlow AS, +47 98 28 76 01, gunnar.odegard@axflow.no
Axel Johnson International is a global industrial group of 200 companies in 34 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