Avans was originally founded 35 years ago in Västerås, Sweden, where it still has its head office. The Group consist of four entities: Avans Maskintillbehör AB, Avans Linjärteknik AB, GL Maskin & Verktyg AB and German unit Hatzfeld GmbH, each with a different focus, creating a complete customer offering. Avans Maskintillbehör’s product portfolio includes bearings, seals and power transmissions, while the other units are strong in linear technology with associated products and services. The Group has a total turnover of EURO 10,5 million.

Together with well-known suppliers, Avans serves a strong and diverse customer base in a variety of industries, including transportation, manufacturing, energy, and industrial engineering. Avans holds a unique market position in the Nordics with its high technical competence in linear solutions, which is complementing Nomo’s existing business and opens to expand market reach and grow within new industry segments.

Nomo is a technical solution provider to the industry, with operations in Sweden, Finland, Denmark, Norway and China. The company was founded in 1948 and has since then developed a strong offer in bearings, transmissions, seals and related services in the Nordic market. Nomo supplies products and services to both OEM and MRO customers. The company has more than 180 employees and annual sales of approximately EURO 75 million.

Nomo is part of Axel Johnson International, a privately owned Swedish industrial group of more than 150 companies in 30 countries. Axel Johnson International drives business development and growth through a long-term approach to ownership in strategic niche markets, primarily technical components, and solutions for industrial processes. 

Henrik Walter, CEO of Nomo Group, comments:

“I’m very happy to welcome this group of knowledgeable, highly skilled and passionate people to our team. With a strong linear motion and automation offering, Avans Linjärteknik is the perfect fit to Nomo, allowing us to improve our position on the market and reach new customers. Having access to their valuable expertise is crucial for us to grow within the linear motion and industrial automation segment. With this acquisition we also strengthen our position in the Swedish MRO market with the team from Avans Maskintillbehör”.

Over the years, Avans has grown and expanded its presence outside of Sweden, serving customers in Norway, Finland and Italy with an increasing demand from other European markets. Joining forces with Nomo will improve Avans’ opportunities to reach out with our product line of linear products, especially ball screws, throughout the Nordics".
 

Per Brorsson, CEO of Avans Group, comments:

“We are happy to join a larger group to accelerate and grow our business further. Joining forces with Nomo will improve Avans’ opportunities to reach out with our product line of linear products, especially ball screws, throughout the Nordics".

IMAP acted as the sellers' advisor throughout the entire process.

 Per Brorsson expresses his appreciation for the collaboration:

"IMAP has been an invaluable support. They not only managed the process from start to finish but also contributed with exceptional expertise and professionalism. Their experience and dedication truly made a difference and facilitated the process for us as sellers. Through their structured approach and close dialogue with all parties, IMAP helped create the best possible conditions for a successful transaction".