Nomo acquires Swedish bearing distributors

 

Nomo, part of Axel Johnson International, strengthened its position on the Nordic market for bearings, transmissions and seals by acquiring Rotera Kullager in Täby AB and Rotera Kullager in Västberga AB on February 2, 2018. The Rotera Kullager companies have annual sales of SEK 27 million.

Rotera Kullager supplies bearings, transmissions and seals combined with related services and strong technical skills to industrial customers on the Swedish market. The company was founded in 1997 and has a wide product portfolio with strong and well-known brands.

“Our ambition is to further strengthen Nomo’s position in the Nordic market as a leading technology solution provider of bearings, transmission and seals,” says Mattias Jaginder, CEO of the Nomo Group. “Rotera Kullager has a loyal customer base with relationships that go back 20 years. Its strong local presence and competencies within our product areas mean that we can strengthen our offer to the market together”

Rotera Kullager has worked with Nomo for many years and sees great benefits in becoming a part of the company. “Nomo’s vision and business concept are entirely in line with how we want to develop the company,” says Johan Pilskär, Rotera Kullager’s majority shareholder. “Becoming a part of Nomo and Axel Johnson International gives us the opportunity to continue to grow our business.”

Nomo is a technical solution provider to industry, with operations in Sweden, Finland and Denmark. The company was founded in 1948 and has since developed a strong offer in bearings, transmissions and seals in the Nordic market. Nomo supplies products and services to OEM and MRO customers. The company has more than 100 employees and annual sales of approximately SEK 370 million.

Nomo is part of Axel Johnson International, a privately owned Swedish industrial group of more than 90 companies in 25 countries, with combined annual sales of EUR 750 million. Axel Johnson International drives business development and growth through a long-term approach to ownership in strategic niche markets, primarily technical components and solutions for industrial processes. Axel Johnson International is organised into four business groups: Fluid Handling Solutions, Industrial Solutions, Lifting Solutions and Transport Solutions.

For further information, please contact:
Mattias Jaginder, CEO Nomo Kullager AB, +46 (0)8 630 28 01, mattias.jaginder@nomo.se
Ola Sjölin, Managing Director Industrial Solutions, Axel Johnson International, +46 (0)8 453 77 25, ola.sjolin@axinter.com