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. 

The team from IMAP Sweden advised Avans Group throughout the transaction.