Press release -
Axel Johnson International acquires HBA Fordonsteknik AB
Axel Johnson International’s business group Transport Solutions acquires HBA Fordonsteknik AB, a Swedish a reseller of electric components and lights to vehicles.
“The acquisition of HBA Fordonsteknik is part of our strategy of market expansion and to extend the group’s private label offering in lights. HBA is a well-run and profitable company that fits well into the group, and we see possibilities for synergies in many different areas,” says Erik Eklöv, Managing Director, Transport Solutions.
HBA Fordonsteknik AB was founded in 1988 and is situated in Norsborg, outside of Stockholm, Sweden. The company is a reseller of electric components and lights to vehicles and their customers are OEM, body builders, importers and aftermarket in Scandinavia and the Baltics.
“We are happy to become part of Axel Johnson International with its entrepreneurial culture and look forward to continue to grow the company with Transport Solutions,” says Per Lundberg, co-founder of HBA Fordonsteknik.
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Axel Johnson International is a privately owned Swedish global industrial group with over 200 companies operating in selected niche markets within the industrial sector. The core mission revolves around acquiring and nurturing businesses specifically centered on technical components and industrial solutions with a dedicated focus on sustainability. The approach involves committing to long-term ownership, fostering sustainable business practices, and collaboration across the diverse portfolio of companies. Read more at Axel Johnson International
