Axel Johnson International acquires Regal Components
Regal Components becomes part of Axel Johnson International’s business group Driveline Solutions. Axel Johnson International is a family-owned industrial group with 170 companies in 30 countries. Regal Components position on the market will strengthen as part of Driveline Solutions and create new opportunities.
“We look forward to becoming part of Driveline Solutions and continue to strengthen our position in the market together with the group. Being part of a large industrial group as Axel Johnson International with its technical focus and active long-term ownership means that we can continue to develop our company and create new opportunities for our employees.” says Anders Jonsson, Managing Director and founder, Regal Components.
Axel Johnson International has a long-term perspective on ownership and will gradually support and invest in the company for long-term development and growth. At present there will not be any changes to the organization or business.
The industrial group consist of industrial technology companies that have a strong market position in selected niche markets. The group focus on businesses with sustainable business models and strong long-term business relations. Driveline Solutions offers products and services for driveline applications and complementary products. Customers are mainly in off-highway, marine and industrial markets.
“The acquisition of Regal Components fits well with our group strategy to expand the offering in electric drive systems, system integration and electronic components for mobile applications. With its highly skilled staff and extensive technical competence in sensors and electric drive systems, Regal Components is a great addition to our group and will strengthen our presence and offering in the Nordic off-highway market.” says Jan Brattberg, Managing Director, Driveline Solutions.
For more information contact:
Anders Jonsson, Managing Director, Regal Components