# Axel Johnson International acquires majority stake in OCS AB

Axel Johnson International acquired a majority stake in OCS AB, a global provider of overhead conveyor systems based in Borås, Sweden. The acquisition marks Axel Johnson International's entry into industrial automation and adds SEK 100 million in revenue.

- Type: Acquisition
- Announced: 2018-12-03
- Where: Borås, Sweden
- Status: announced
- Products: overhead conveyor systems
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md), [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [Axel Johnson International](https://endata.com/companies/285.md) (acquirer)
- [OCS AB](https://endata.com/companies/35854.md) (target)

## Sources

- [news.cision.com](https://news.cision.com/axel-johnson-international/r/axel-johnson-international-enters-industrial-automation-via-acquisition-of-ocs,c2808425), 2018-12-03: "Axel Johnson International has entered the market for overhead conveying solutions and industrial automation by acquiring a majority stake in OCS AB, a global provider of overhead conveyor systems based in Borås, Sweden."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.