Axel Johnson International has acquired Caldan Conveyor
September 2020 — 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.
Our role in the transaction
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
Gramo has completed a mandatory public takeover bid for the shares of Deceuninck
Gramo BV has completed a mandatory public takeover bid for the shares of Deceuninck NV. The bid was launched after Gramo’s conversion of warrants increased its participation in Deceuninck above the 30% voting rights threshold, thereby triggering a mandatory takeover bid under Belgian takeover legislation. The transaction further strengthens the stability of Deceuninck’s shareholder base and supports the company’s long-term strategy focused on innovation, sustainability and operational excellence.
Learn moreGVS has completed a voluntary partial tender offer for its own shares
GVS S.p.A. has completed a voluntary partial public tender offer for 12.3% of its own share capital.
Learn moreSECAL has been acquired by VINCI Energies
SECAL has been acquired by VINCI Energies to strengthen its lifting services offering and expand its capabilities across strategic industrial markets. This acquisition also provides SECAL with access to new markets and growth opportunities, particularly in the environment, aerospace and rail sectors.
Learn more