M&A Deal Summary

Nomo Kullager AB Acquires Avans

On December 2, 2024, Nomo Kullager AB acquired manufacturer Avans

Acquisition Highlights
  • This is Nomo Kullager AB’s 1st transaction in the Manufacturing sector.
  • This is Nomo Kullager AB’s 1st transaction in Sweden.

M&A Deal Summary

Date 2024-12-02
Target Avans
Sector Manufacturing
Buyer(s) Nomo Kullager AB
Deal Type Add-on Acquisition

Target

Avans

Västerås, Sweden
Avans provides power transmission products, along with expertise in linear technology. The Group consists 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. Avans is based in Västerås, Sweden.

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Buyer(S) 1

Buyer

Nomo Kullager AB

Stockholm, Sweden

Category Company
Founded 1948
Sector Distribution
DESCRIPTION

Nomo Kullager AB is a distributor of rolling bearing, power transmission and sealing technology for Nordic industrial customers.


DEAL STATS #
Overall 1 of 1
Sector (Manufacturing) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (Sweden) 1 of 1
Year (2024) 1 of 1