# AxFlow Holding acquires majority stake in Finnish valve distributor Starline Valves

AxFlow Holding AB acquired majority ownership of Starline Valves Oy, a Vantaa-based Finnish distributor of valves and actuators. Starline Services S.P.A. of Italy remains a strategic partner and minority owner.

- Type: Acquisition
- Announced: 2021-11-15
- Where: Vantaa, Finland
- Status: completed
- Products: industrial valves, actuators
- Sectors: [Pumps and Valves](https://endata.com/sectors/pumps-valves.md)

## Companies

- [AxFlow](https://endata.com/companies/638.md) (acquirer)
- [Starline Valves Oy](https://endata.com/companies/8586.md) (target)
- [Starline Services](https://endata.com/companies/8587.md) (partner)

## Sources

- [impeller.net](https://impeller.net/magazin/axflow-holding-acquires-majority-ownership-of-starline-valves-oy/), 2021-11-15: "AxFlow Holding AB has acquired majority ownership of Finnish distributor of valves and actuators Starline Valves Oy."
- [procope.fi](https://procope.fi/reference/procope-hornborg-advised-axel-johnson-internationals-business-group-fluid-handling-solutions-axflow-group-on-its-acquisition-of-majority-stake-in-starline-valves-oy/), 2021-12-02: "The acquisition strongly supports the growth and development of the Axflow Group in Finland and complements the strategy of Axflow to add valves to its existing product range."

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