Procopé & Hornborg advised Axel Johnson International AB on its acquisition of Ab Transcomponent Finland Ltd

Procopé & Hornborg advised Axel Johnson International AB on its acquisition of Ab Transcomponent Finland Ltd. TransComponent is a family business founded in 1996 and located in Närpes in the Swedish-speaking part of Österbotten in Finland. The company with its 20 employees, manufactures and sells boxes for trucks and trailers. TransComponent has a long history and experience in the industry starting as a branch within BotniaTerm that has been manufacturing boxes since the 80s. The primary customers are bodybuilders in Finland and Sweden, the main products are toolboxes and spare-tyre boxes sold under the BT brand. The acquisition strengthens Axel Johnson International’s position and offering for heavy vehicles in the Nordic market.

Axel Johnson International is a global industrial group of 170 companies in 30 countries driving business development and growth through a long-term approach to ownership in strategically selected niche markets, primarily technical components and solutions for industrial processes. Axel Johnson International is organised in six business groups: Driveline Solutions, Fluid Handling Solutions, Industrial Automation, Lifting Solutions, Power Transmission Solutions and Transport Solutions and is part of the Swedish family-owned corporate group Axel Johnson.

www.axinter.com