Axel Johnson International strengthens offering in the Finnish mechanical power transmission market

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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