Go to deals
Industrial Machinery & Components

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.

Service
M&A buy-side
Parties
“The Oaklins team was highly dedicated and has long experience in providing buy-side advice. We couldn’t be happier with the guidance and support that they provided throughout the process.”

Hans Glemstedt

Head of Strategy and M&A, Axel Johnson International AB

Talk to the deal team

 Daniel  Sand

Daniel Sand

Managing Partner

Copenhagen, Denmark
Oaklins Denmark
 Adel  Koubaa

Adel Koubaa

Managing Partner

Stockholm, Sweden
Oaklins Sweden
 Mads  Thomsen

Mads Thomsen

Director

Copenhagen, Denmark
Oaklins Denmark

Related deals

Leadec has acquired Diversified Automation
Private Equity | Industrial Machinery & Components

Leadec has acquired Diversified Automation

Leadec, a portfolio company of Triton, has completed the acquisition of Diversified Automation, Inc.

Learn more
Lacerta Group has been recapitalized by SK Capital
Private Equity | Industrial Machinery & Components | Other Industries

Lacerta Group has been recapitalized by SK Capital

Lacerta Group, Inc. has been recapitalized by SK Capital Partners.

Learn more
SIT S.p.a. has acquired Janz CGF S.A.
Energy | Industrial Machinery & Components | Other Industries

SIT S.p.a. has acquired Janz CGF S.A.

SIT S.p.A. has completed the acquisition of 100% of Janz-Contagem e Gestão de Fluídos S.A. (Janz), a consolidated Portuguese player specialized in manufacturing residential water meters. The price, excluding cash and debt, amounts to US$34.3 million. An earn-out of up to US$1 million is also stipulated on the basis of achieving certain targets in 2021.

Learn more