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AxFlow Denmark strengthens its position in compressor and service business with the acquisition of Trio Trykluft A/S

Wednesday, October 9, 2019

AxFlow Denmark strengthens its position in the country's compressed air provision and service business with the acquisition of Trio Trykluft A/S. Located in Slangerup 30km northwest of Copenhagen and in Vildbjerg in Jutland, Trio Trykluft has forged a strong reputation across many industry sectors over the 24 years since it was established.

Trio Trykluft specialises in the supply of compressed air equipment, generators for nitrogen all of which are supported by a nationwide service, maintenance, installation, and design consultancy facilities. By providing both products and design consultancy services, Trio Trykluft enables users of compressed air systems and gas generators to access a single source for all their requirements. The company has also a strong niche position in the fast-growing nitrogen generation market.

Announcing this significant development in Denmark, Søren Weihrauch, AxFlow A/S Managing Director, commented: "This acquisition strengthens AxFlow's service offering in Denmark, which is in line with our overall growth strategy. AxFlow Denmark already has a strong market presence with pumps and compressor sales in the same sectors as Trio Trykluft, which can be attributed to AxFlow Denmark taking over Gardner Denver vacuum pump/compressor sales and service back in 2014. Acquiring Trio Trykluft will considerably complement and strengthen AxFlow Denmark's compressor and service activity and make it an even better fit, giving customers a comprehensive service."

AxFlow's product offering comprises pumps, filters, UV systems, compressors, vacuum pumps, blowers, and mixers. Trio Trykluft will give AxFlow Denmark a very strong market position. Due to better market coverage and shorter distances between customers and service engineers, there will be improved service efficiency for all customers in the food, laboratory, pharmaceutical and water, and wastewater sectors.

Welcoming the acquisition, Claus Schjellerup, Managing Director and owner of Trio Trykluft said: "This is a very exciting business case and I'm looking forward to developing the business further together with AxFlow."

For further information, please contact:

Ole Weiner, CEO of AxFlow Holding, +46 (0)8 545 476 72,
Lars Carlson, CFO of AxFlow Holding, +46 (0)702 74 05 35,
Søren Weihrauch, Managing Director AxFlow A/S, + 45 48 16 88 87,
Claus Schjellerup, Managing Director Tiro Trykluft A/S, +45 40 68 01 63,