AxFlow acquires Bahr Pump, Pumptechnique and Flow Technologies to enter Baltics

AxFlow Holding, the fluid handling business group of Axel Johnson International, acquired Bahr Pump in Estonia, Pumptechnique in Latvia and Flow Technologies in Lithuania, closing on December 20, 2017. The deal gives AxFlow its first Baltic market presence.

“AxFlow Holding, the Fluid Handling Solutions business group of Axel Johnson International, has entered the market in Estonia, Latvia and Lithuania by acquiring Bahr Pump OU (Estonia), Pumptechnique SIA (Latvia) and Flow Technologies UAB (Lithuania).”news.cision.com

• 3 sources
• news.cision.comAxel Johnson International enters Baltics fluid-handling market - Axel Johnson InternationalDec 21, 2017
• worldpumps.comAxFlow moves into Baltic fluid handling marketJan 3, 2018
• tegos.legalAdvising AxFlow on entering Baltic fluid-handling market - TEGOSJan 16, 2018

Summarized from public sources; check the original articles before acting on it.