# Axel Johnson International acquires majority stake in Caldan Conveyor A/S

Axel Johnson International has agreed to acquire a majority stake in Caldan Conveyor A/S, a Danish industrial automation company specializing in overhead and floor conveyors for the surface treatment industry, with 130 employees.

- Type: Acquisition
- Announced: 2020-09-16
- Where: Aarhus, Denmark
- Jobs: 130
- Status: announced
- Products: overhead and floor conveyors
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md), [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [Axel Johnson International](https://endata.com/companies/285.md) (acquirer)
- [Caldan Conveyor A/S](https://endata.com/companies/49968.md) (target)

## Sources

- [news.cision.com](https://news.cision.com/axel-johnson-international/r/axel-johnson-international-expands-within-industrial-automation-through-the-acquisition-of-caldan-co,c3195037), 2020-09-16: "The acquisition of Caldan is an exciting opportunity to expand our position within industrial automation."
- [cbinsights.com](https://www.cbinsights.com/company/caldan-conveyor), 2020-09-21: "The acquisition of Caldan is well aligned with Axel Johnson International’s long-term strategy to provide complete technical solutions for a variety of industrial customers."
- [oaklins.com](https://www.oaklins.com/news/sv-SE/191741-axel-johnson-international-acquires-caldan-conveyor/), 2020-09-21: "Axel Johnson International expands within industrial automation through the acquisition of Caldan Conveyor, creating a strong partnership in delivery of overhead and floor conveyor systems."

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