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.
Head of Strategy and M&A, Axel Johnson International AB
Talk to the deal team
Managing PartnerCopenhagen, Denmark
Managing PartnerStockholm, Sweden
AxFlow Holding acquires System Cleaners
AxFlow Holding AB has acquired System Cleaners A/S.Learn more
Permali Gloucester has been acquired by Diamorph
Private equity firm 3i Group and the private shareholders of Permali Gloucester Limited have sold their interest in the company to Diamorph.Learn more
DeA Capital and VSL Club have acquired a majority stake in Zephyr Group
The owners of Zephyr Group have sold a majority stake in the company to DeA Capital and VSL Club. Paolo Castagnet, Nicoletta and Carlo Demonti will maintain 35% participation alongside Sviluppo Sostenibile and VSL to support the growth and internationalization process already undertaken by Zephyr Group in recent years.Learn more