Axel Johnson International (AJI), through its Power Transmission Solutions business group, acquired a majority stake in Rodamientos y Servicios S.L., and Royse ISM Servicios Integrales, S.L. (together “Royse”), a Spain-based provider of power transmission products and services.

Axel Johnson International – Power Transmission Solutions (www.axinter.com/our-business-groups/power-transmission-solutions/)
Axel Johnson Power Transmission Solutions is part of the Axel Johnson Group, a privately held and family owned Swedish group founded in 1873 and currently run by the fourth and fifth generation. Within the Axel Johnson Group, Axel Johnson International specializes in offering industrial customers various products and solutions through the six business areas 1) Power Transmission Solutions, 2) Driveline Solutions, 3) Fluid Handling Solutions, 4) Industrial Solutions, 5) Lifting Solutions, and 6) Transport Solutions. The group consists of over 200 companies and employs 5,700 people in 34 countries.

ROYSE (www.rodamientos.net)
ROYSE, founded in 1979, is headquartered in Seville, Spain and operates 14 branches with over 160 employees. The Company maintains a leading national position as a supplier of bearings, transmissions and related products, as well as providing value-added services such as integrated supplier management, predictive maintenance and training. As the largest independent company in the Iberian power transmission market, this transaction will serve to strengthen AJI’s position in this region.

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