Corporate Team Advises Axel Johnson International on UK Acquisition

Our corporate team has advised Swedish industrial group Axel Johnson International on its acquisition of Conveyor Units Ltd and Bridge Bearings Ltd – two UK manufacturers of floor-based conveyor systems and related components.

The acquisition strengthens Axel Johnson International’s material handling capabilities, bringing 145 employees across the two businesses in Stourport-on-Severn and Lye into its industrial automation division.

With more than 60 years of manufacturing experience, Conveyor Units’ products are used across several industries, including manufacturing, warehousing, intralogistics and parcel handling. Its sister company Bridge Bearings supplies a broad range of bearings. Matt Ainsworth, corporate partner, said:

“It has been a pleasure to support Axel Johnson International on the acquisition and to continue building on our longstanding relationship. We look forward to seeing Conveyor Units and Bridge Bearings go from strength to strength under Axel Johnson International’s ownership.”

The team was led by Matt Ainsworth, supported by Laura Giles and Victoria Quigley (corporate), Lyn Dario (regulatory), Carys Thompson and Rosie Allen (commercial and data privacy), Selina Hinchcliffe and Freya Whiteside (IP), Matt McDonald and Lubna Laheria (employment), and Edward Moffat (real estate).

Conveyor Units and Bridge Bearings will continue to operate under their existing management team.

This content is provided for general informational purposes only and does not constitute legal advice. It is not intended to address the circumstances of any individual or entity, nor should it be relied upon as a substitute for specific advice from a qualified solicitor. The information reflects the legal position as at the date specified and may be subject to change. If you require advice on a specific matter, please contact us directly.