b'Nomo Group Strengthens its Linear Solutions Offering With the Acquisition of Avans GroupSweden-based Avans finds itself with new owners and a bright future following an acquisition by Nomo Group, the Nordic bearing & power transmission component specialist.Nomo Group, part of Axel JohnsonHaving access to their valuable expertiseContact here: Internationals business group Poweris crucial for us to grow within the+46 8 6302800Transmission Solutions, acquires Avanslinear motion and industrial automationexport@nomo.se Group, a company known for its extensivesegment. With this acquisition we alsowww.nomo.comrange of core power transmissionstrengthen our position in the Swedish products, along with a market-leadingMRO market with the team from Avans expertise in linear technology. ThisMaskintillbehr. says Henrik Walter, CEO strategic acquisition enables Nomo toof Nomo Group.grow within linear motion and strengthenOver the years, Avans has grown and its position in the Nordic market. expanded its presence outside of Sweden, Avans was originally founded 35 yearsserving customers in Norway, Finland, ago in Vsters, Sweden, where it stilland Italy with an increasing demand fromLeft: Robert stlund, salesRight: Gran Hgberg, productionhas its head office. The group consistother European markets. Per Brorsson, of four entities: Avans MaskintillbehrCEO of Avans Group, comments on AB, Avans Linjrteknik AB, GL Maskin &the acquisition: We are happy to join a Verktyg AB and German unit Hatzfeldlarger group to accelerate and grow our GmbH, each with a different focus,business further. Joining forces with creating a complete customer offering.Nomo will improve Avans opportunities Avans Maskintillbehrs product portfolioto reach out with our product line of includes bearings, seals, and powerlinear products, especially ball screws, transmissions, while the other unitsthroughout the Nordics.are strong in linear technology with associated products and services.Together with well-known suppliers,Left: Henrik Walter, CEO Nomo Group Avans serves a strong and diverseRight: Per Brorsson, CEO Avans Groupcustomer 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 Nomos existing business and is open to expand market reach and grow within new industry segments.Im very happy to welcome this group of knowledgeable, highly skilled, and passionate people to our team. With a strong linear motion and automation offering, Avans Linjrteknik is the perfect fit to Nomo, allowing us to improve our position in the market and reachnew customers.Henrik Walter, CEO of Nomo Group39'