Axel Johnson International Expands with Fimo Acquisition
Deal News | Jun 25, 2025 | Legal Community Italy
Axel Johnson International, a prominent Swedish industrial group, has completed the acquisition of Fimo, an Italian company specializing in the distribution of mechanical components and services, thereby enhancing its Power Transmission Solutions division. The strategic acquisition allows Axel Johnson International to strengthen its position in the Italian market, broadening its offerings to clients, particularly in the ceramic tile production sector. Legal advisors White & Case provided support with a team led by partner Darragh Byrne from Stockholm, while Fimo was represented by Studio Legale Salardi, led by Stefano and Elia Salardi.
Sectors
- Industrial Solutions
- Legal Services
Geography
- Sweden – Axel Johnson International, the acquiring company, is based in Sweden.
- Italy – Fimo, the acquired company, operates in Italy, and the acquisition consolidates Axel Johnson's presence in the Italian market.
Industry
- Industrial Solutions – Axel Johnson International operates in the industrial sector, providing technical solutions and services such as power transmission solutions.
- Legal Services – The transaction involved legal advisory participants like White & Case and Studio Legale Salardi, highlighting the legal services industry's role in M&A processes.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Axel Johnson International | Acquiring Company | Company | A Swedish industrial group active in providing technical solutions and services for various industrial sectors. |
| Fimo | Target Company | Company | An Italian company specializing in the distribution of complete power transmission solutions, with a focus on mechanical components for the ceramic tile production sector. |
| White & Case | Legal Advisor | Company | An international law firm that assisted Axel Johnson International in the acquisition with a team based in Stockholm and Milan. |
| Studio Legale Salardi | Legal Advisor | Company | A legal firm that represented Fimo in the acquisition process, led by Stefano and Elia Salardi. |