AxFlow Holding acquires System Cleaners
AxFlow Holding acquires System Cleaners, a Danish provider of complete open plant cleaning systems and products for the global food & beverage industry.
The acquisition of System Cleaners is fully aligned with AxFlow's long-term strategy, having supplied fluid handling systems for the food & beverage industry for decades. AxFlow makes up the Fluid Handling Solutions business group within Axel Johnson International.
Oaklins was engaged by AxFlow as strategic and buy-side M&A advisor.
We have worked together with Oaklins on numerous occasions. They always deliver strong support throughout the process, and this time was no exception. Oaklins has from day one demonstrated a solid understanding of our objective, and the collaboration has once again been seamless.HANS GLEMSTEDT, HEAD OF STRATEGY AND M&A – AXEL JOHNSON INTERNATIONAL
About Axel Johnson International
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. Altogether the group's companies employ 4,400 people in 30 countries, with annual sales exceeding EUR 1,100 million.
Read more about Axel Johnson International on the website: www.axinter.com
About System Cleaners
Headquartered in Aalborg, Denmark, System Cleaners delivers fully automatic and manual open plant cleaning systems for the global food & beverage industries that enhance food safety, minimize cleaning times and increase production uptime, while reducing water and chemical usage. During its 30 years in business, System Cleaners has become a globally recognised brand to global, regional and local food & beverage brands in all industry segments, with installed units in more than 100 countries worldwide.
Read more about System Cleaners on the website: www.systemcleaners.com