Axel Johnson International’s Industrial Solutions business group is increasing its market presence in the Netherlands through the acquisition of MAK Aandrijvingen B.V.. MAK, located in Lelystad, provides power transmission solutions including chains, belts, motors and reducers to OEM customers.

MAK is a well-established supplier of power transmission technology in the Dutch market. MAK’s competitive edge is based on a high service level and its ability to provide optimised transmission solutions. It is the result of an efficient logistic set, close supplier partnerships and quality products in combination with technical expertise. With 36 employees, MAK’s total annual sales are approximately €15 million.

Axel Johnson International is a privately owned Swedish industrial group of more than 100 companies in 25 countries, with combined annual sales of €790 million. We drive 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 in four business groups: Fluid Handling Solutions, Industrial Solutions, Lifting Solutions and Transport Solutions.

EC M&A acted as exclusive financial advisor to Axel Johnson on this transaction.