AxFlow Ireland Acquires Combiflow - Becomes Largest Distributor of Positive Displacement Pumps

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AxFlow Limited in Dublin Ireland, part of the AxFlow Group has announced its acquisition of liquids handling supplier Combiflow Limited in Ballymount West Dublin. The acquisition of Combiflow makes AxFlow Ireland the largest distributor of positive displacement pumps and fluid handling systems throughout Ireland.

AxFlow Ireland's strengths lie in its capability to offer one-off pumps for specific applications alongside engineering design, installation and commissioning of integrated fluid handling systems.

AxFlow Limited in Dublin Ireland, part of the AxFlow Group has announced its acquisition of liquids handling supplier Combiflow Limited in Ballymount West Dublin.

The acquisition of Combiflow makes AxFlow Ireland the largest distributor of positive displacement pumps and fluid handling systems throughout Ireland.

Announcing the acquisition, AxFlow Ireland managing director Stuart Flood commented: "AxFlow and Combiflow have complementary product ranges and experience in the provision of pumps and associated fluid handling technologies. Historically both companies have concentrated on different market sectors, where they have been highly successful. By bringing the two companies together we shall be able to provide all sectors of industry throughout Ireland with a wider product offering, enhanced customer care and service levels, and access to the AxFlow Group's considerable international resources."

The AxFlow product portfolio now includes Mono pumps, Waukesha Cherry Burrell, Bran + Luebbe, ITT Jabsco, Wilden, Almatec, Johnson Pump, Flux, Global, Mouvex, Piab and Blackmer.

The AxFlow Group is the largest distributor of positive displacement pumps and related products and services in Europe, and represents world-leading suppliers. The acquisition of Combiflow gives AxFlow Ireland full services facilities in both the plants in Dublin together with additional facilities in Cork and Belfast. It will also provide new opportunities for Combiflow's employees as they become part of the international AxFlow Group.

AxFlow believes that by merging the resources and experience of Combiflow into its operation will bring considerable benefits for both companies' existing clients and new business prospects through their combined strengths. "This acquisition could not have come at a better time, for after a challenging economic climate over the past 18 months, we are already seeing signs of recovery so we shall be able to capitalise on the upturn," continues Stuart Flood.

Morgan O'Brien, formerly Managing Director of Combiflow and Key Account Manager and Product Manager with AxFlow, is equally as enthusiastic about the acquisition commenting: "The synergy of complimentary products resulting from the acquisition and the resources available from AxFlow provides a platform for growth. Most importantly it improves the level of service and product offering to our clients across all industry sectors."

Combiflow was established in 1988 and has a base with product stocks and workshop facilities in Ballymount, West Dublin. Its core markets are in the chemical, pharmaceutical, food and beverage and semiconductor industries. AxFlow Ireland was established in 2000 when it took over the Mono Pumps operation in Dublin. Since then it has added to its product portfolio and established itself as a major force in the water and waste water treatment, food and beverages pumps.

"AxFlow Ireland's strengths lie in its capability to offer one-off pumps for specific applications alongside engineering design, installation and commissioning of integrated fluid handling systems," says Stuart Flood. "In addition, we also undertake on site surveys, trouble-shooting, training and provide maintenance contracts."

AxFlow Holding AB is the holding company of the AxFlow Group of companies. AxFlow is active all over Europe and specialises in the marketing, distribution and provision of a complete sales engineering service for high quality, market leading fluid handling equipment. AxFlow´s high standards of technical competence, service and integrity have contributed to steady growth since its establishment in 1989 and form the basis for future development. AxFlow represents world leading manufacturers of pumps and other fluid handling equipment, and together we offer the highest value to customers. AxFlow´s philosophy is to continue to enhance the range and scope of services, and to offer customers full commitment and value from one source.

The AxFlow Group has an annual turnover of EURO 120 million and 400 employees and is a subsidiary of Axel Johnson International AB, Stockholm, Sweden, and part of the Axel Johnson Group of companies.
http://www.axflow.com

Axel Johnson International markets and distributes components, systems and customer related solutions to industrial companies, local distributors and agents. The company consists of five business areas: Forankra, AxFlow, AxIndustries, and AxImage. The group of companies has an annual turnover of SEK 7 billion and is represented in some 20 countries in Europe. Axel Johnson International is a part of Axel Johnson AB, owned by Antonia Ax:son Johnson and family.

For further information, contact:
Stuart Flood
AxFlow Ireland Limited        
16 Ballyboggan Business Centre
Ballyboggan Road    
Glasnevin    
Dublin 11    
Tel: +3531 8500416
Fax: +3531 8300017    
Email: stuart(dot)flood(at) axflow(dot)ie
http://www.axflow.ie

Media contact:
Bryan Orchard
Orchard Public Relations Limited
Farringdon
Hampshire
GU34 3EL
UK
Tel: +44 (0)1420588194
Email: orchard(at)promex(dot)co(dot)uk

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Olga Krejci Halkovova
AxFlow Holding AB
+46 8 545 476 79
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