Axel Johnson International has acquired Caldan Conveyor
Axel Johnson International AB has expanded within industrial automation through the acquisition of Caldan Conveyor A/S, creating a strong partnership in the delivery of overhead and floor conveyor systems. Caldan will become an integral part of Axel Johnson International’s recently formed industrial automation segment and part of the business group Industrial Solutions. The transaction is subject to clearance by relevant local competition authorities.
Headquartered in Stockholm, Sweden, the Axel Johnson group was founded in 1873 and remains in family ownership, now in the fourth and fifth generations. Axel Johnson International acquires and develops companies with profitable growth in strategically selected niche markets, primarily technical components and industrial process solutions. Axel Johnson International companies employ 4,400 people in 30 countries, and annual sales exceed US$1.3 billion.
Headquartered outside Aarhus, Denmark, Caldan is a leading supplier of overhead and floor conveyor systems. The company has 130 employees and more than 50 years of experience within design, manufacture and installation of internal transport systems for automated surface treatment processes and materials handling. Caldan is a market leader in its niche in Europe and a strong player in the Asian and North American markets. The company has installed more than 4,500 conveyor systems across a wide range of industries.
Oaklins’ team in Denmark acted as advisor to the buyer. The team in Sweden supported the transaction.
Hans Glemstedt
Head of Strategy and M&A, Axel Johnson International AB
Talk to the deal team
Related deals
East Metal has been acquired by management and private investors
The Latvia-based metalworking company East Metal has been acquired from its former Danish owner, East Metal Holding, through a management buy-out (MBO) by a group of private investors, the current owners of Valpro, in partnership with the local management team. Financing for the transaction was provided by Signet Bank.
Learn moreQuantum Base Holdings plc has completed its official admission to AIM
Quantum Base began trading on the London Stock Exchange’s AIM market under the ticker QUBE following a US$6.4 million (£4.8 million) fundraising round. The company develops Q-ID tags, a quantum-based authentication technology designed to prevent counterfeiting by leveraging atomic-level randomness. Proceeds from the listing will fund product development and commercial expansion, including new operational and commercial hires.
Learn moreHe-Man Dual Controls has been acquired by Lagercrantz UK Limited
Lagercrantz UK Limited has acquired 100% of the shares in HM Holding Limited (He-Man Dual Controls), a leader in supplemental control systems for vehicles.
Learn more