Nomo, part of Axel Johnson International’s business group Power Transmission Solutions, strengthens its offering in the Finnish market by the acquisition of JokiLaakeri, effective 14 June.
Founded in 1991, JokiLaakeri is a highly regarded multi-brand bearing distributor in the Finnish market with a comprehensive product portfolio, high level of technical expertise and extensive service offering. The company has around 25 employees with annual sales of approx. EUR 18 million. JokiLaakeri has a leading market position in Tampere, the key industrial region in Finland, with branches in Lahti, Vaasa and Oulu, complementing Nomo’s geographical presence in the Finnish market.
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