AxFlow Denmark acquires Pumpegruppen A/S

For more than 30 years, Pumpegruppen has gained its market reputation as full-service pump specialists representing well-known brands such as Grundfos, FTI, SPECK and many others. The company operates from its bases in Lyngby, 10 km north of Copenhagen and in Rønde in Jutland.

Under the leadership of Erling Olsen, CEO and owner of Pumpegruppen, the company will continue to serve their customers under its current name and will utilize the synergies of being a part of the AxFlow Group.

“The acquisition of Pumpegruppen is well aligned with our group strategy to expand the product and service offering in Denmark. Pumpegruppen has a strong and solid collaboration with its customers and a sound growth potential” says Søren Weihrauch CEO, AxFlow A / S and continues: “I see many similarities in the way Pumpegruppen and AxFlow operate in the market and I’m certain that our customers will benefit from a very wide product portfolio, a wealth of application know-how and near-by customer service.”

Erling Olsen also comments on the acquisition: "this is a very exciting opportunity for us at Pumpegruppen, and I look forward to developing the business further with AxFlow."

AxFlow's current product range in Denmark includes pumps, filters, UV systems, compressors, vacuum pumps, blowers and agitators. In addition, AxFlow also has well-established service facilities in both Smørum and Galten.

AxFlow A/S in Denmark 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 chemical & petrochemical, food, power generation, environmental, dockside, facilities management and waste water 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 1960. The AxFlow Group is active in 32 markets and has approximately 1100 employees and an annual turnover of EUR 320 million.

 

Axel Johnson International is a global industrial group of more than 170 companies in 30 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: Driveline Solutions, Fluid Handling Solutions, Industrial Automation, Lifting Solutions, Power Transmission Solutions and Transport Solutions. We are part of the Swedish family-owned corporate group Axel Johnson.

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

Søren Weihrauch, Managing Director AxFlow A/S
+ 45 48 16 88 87, swe@axflow.dk

Erling K. Olsen, CEO and owner of Pumpegruppen
 +45 21707520,