AxFlow’s Induchem Ireland expands product portfolio with the acquisition of Tredwell Electrical Ltd.
AxFlow’s Induchem Group Ltd. announces the acquisition of Tredwell Electrical Ltd. - a manufacturer of electrical control panels, control assemblies, boxes and associated wiring looms. Headquartered in Limerick, the company serves customers in water and wastewater, machine builders, refrigeration, environmental, materials handling, automotive, food, pharmaceutical, mining and quarrying sectors.
“Tredwell’s electro-mechanical equipment adds a brand-new product category to our Group portfolio with great cross-selling potential and value-adding services”, says David Carroll, Managing Director of the Induchem Group and continues: “Under the leadership of Stefan Uhlemann, Tredwell is a well-run, professional design and manufacturing team. Its success to date is based on its people, and it brings significant opportunity for growth in terms of market penetration and product diversification”
Tredwell’s Managing Director Stefan Uhlemann is equally enthusiastic, saying: “I’m certain that joining Induchem and the AxFlow Group will enable us to offer a unique range of products and services to the marketplace, thereby, adding value and real benefits to our customers. This acquisition assures the continuity of employment of the staff and supply to our customers. I look forward to working together and offering our customers best in class service.”
NOTE FOR EDITORS
Induchem Group is a part of the AxFlow Group, the Fluid Handling Solutions business group within Axel Johnson International. The AxFlow Group specializes 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 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 1960. The AxFlow Group is active in 30 markets and has approximately 1300 employees and an annual turnover of EUR 332 million.
Axel Johnson International is a global industrial group of 170 companies in 30 countries. Axel Johnson International drives 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. Axel Johnson International is 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
Andreas Lindahl, CFO of AxFlow Holding, +46 (0) 8 545 476 70, andreas.lindahl@axflow.com
David Carroll, Managing Director of Induchem, +353 (0)87 8155554, david.carroll@induchemgroup.com