AxFlow’s Brown Brothers Engineers acquire SPX Flow Technology New Zealand Ltd.

Going forward the New Zealand company will become Brown Brothers Engineers Flow Technology Ltd.

“AxFlow and SPX Flow Technology have been strategic partners for decades in the European market. Together we have developed a very strong position for brands such as Waukesha, APV, Bran+Luebbe, Lightnin and Plenty in food and beverage, chemical and petrochemical industries. This acquisition is in line with AxFlow’s strategy to grow outside Europe, with great potential to expand the SPX Flow products also into industrial segments in New Zealand,” says Ole Weiner, CEO AxFlow Holding AB.

Dominic Hill, the VP Business Development from SPX Flow comments: ”APV New Zealand has a strong foundation in place with more than 60 years of servicing customers in food and beverage markets. We are confident the combination of the SPX Flow portfolio with AxFlow’s existing distribution and service organization will provide a platform for future growth.”

Managing Director of Brown Brothers Engineers Group, John Inkster says: “I’m very excited for this addition to our Group and for the opportunity to see this new acquisition to grow and flourish.”

 

NOTE FOR EDITORS

Brown Brothers Engineers is a part of the AxFlow Group, the Fluid Handling Solutions business group within Axel Johnson International. The AxFlow Group specialises in the marketing, distribution and provision of complete sales engineering services for high-quality fluid-handling equipment. The AxFlow Group serves customers in the food and beverage, chemical & petrochemical, ceramics, pharmaceutical, pulp & paper, and water & wastewater industries with equipment from world-leading manufacturers. High standards of technical competence, a comprehensive range of products and services, commitment and integrity have contributed to the company’s steady growth since its establishment in 1989. The AxFlow Group is active in 32 countries and has approximately 1100 employees and an annual turnover of EUR 320 million.

Axel Johnson International is a global industrial group of more than 120 companies in 28 countries. We drive business development and growth through a long-term approach to ownership in strategically selected niche markets, primarily technical components and solutions for industrial processes. Axel Johnson International is organised in six business groups: Fluid Handling Solutions, Industrial Solutions, Lifting Solutions, Power Transmission Solutions, Transport Solutions and Driveline Solutions. We are part of the Swedish family-owned corporate group Axel Johnson.

SPX Flow Technology is US-based leading global manufacturer of fluid handling equipment with revenues in excess of $ 1,5 bn, and the largest supplier to the AxFlow Group. SPX Flow Technology assortment includes process pumps, heat exchangers, valves and mixers with brands such as APV, Waukesha, Johnson Pump, Bran+Luebbe and Lightnin and Plenty, used in most processing industries including food, pharmaceuticals, chemical and oil & gas.

 

For further information, please contact:
Ole Weiner, CEO of AxFlow Holding,
+46 (0)8 545 476 72, ole.weiner@axflow.com

Lars Carlson, CFO of AxFlow Holding,
+46 (0)702 74 05 35, lars.carlson@axflow.com

John Inkster, Managing Director Brown Brothers Engineers
Australia & New Zealand
M: +61 (0)407 858 297, john.inkster@brownbros.com.au