Acquirer: Driveline Solutions (Axel Johnson International)
Flowfit (Harrier Fluid Power Ltd), a leading UK-based distributor and manufacturer of hydraulic components and systems, has been successfully acquired by Driveline Solutions, a business group of Sweden-headquartered Axel Johnson International. KBS Corporate Finance advised on the transaction. Summary of transaction details: Value: Undisclosed Sector: Hydraulics, Fluid Power, Manufacturing, Distribution Advisor: KBS Corporate Finance Key Entities: Flowfit (Target), Driveline Solutions (Axel Johnson International) (Acquirer) Location: Ludlow, Shropshire, UK (Target); Sweden (Acquirer HQ) Note: This acquisition represents a strategic move for Driveline Solutions to expand its footprint and capabilities within the UK hydraulics market, leveraging Flowfit's established customer base, technical expertise, and robust e-commerce platform to enhance its offerings across off-highway, marine, and industrial sectors.
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