Mennens belong to the business unit Lifting Solutions within Axel Johnson International. The business unit is a global player that specializes in lifting equipment, steel wire rope, height safety and services. It operates as a group of companies that supply wire rope, hoists, overhead cranes and other lifting products together with connected services.
Lifting solutions has developed rapidly. Having grown from 0 to 420 MEUR in annual sales since 2005, when the first acquisition was made. Today Lifting Solutions consist of 24 market-leading companies with +100 service centers world-wide. Together, the companies serve clients in a wide range of industries, including offshore, renewable energy, shipping, automotive manufacturing, ports, fish farming, engineering, pulp and paper, mining, and steel.
Even though Lifting Solutions has a short history the companies within the group have a long history in the business and are well known and established in their local markets. Several have even been around for more than a century. Together, they possess a vast resource of specialist knowledge in lifting and steel wire rope.
To read more about the companies in Lifting Solutions, visit the website.
Mennens is part of Axel Johnson International, a global industrial group that acquires and develops companies in strategically selected niche markets, primarily technical components and industrial process solutions. The group is an active and long-term owner whose mission is to drive business development and growth. It builds and develops groups of companies with shared strategic objectives, stimulating joint initiatives and knowledge sharing. Axel Johnson International has six business groups: Driveline Solutions, Fluid Handling Solutions, Industrial Solutions, Lifting Solutions, Power Transmission Solutions and Transport Solutions. Axel Johnson International has an entrepreneurial culture where decentralised and committed leadership enables quick decisions.
Axel Johnson International is headquartered in Stockholm, Sweden. The group comprises 200 companies in 29 countries. Axel Johnson International is part of the Swedish family-owned corporate group Axel Johnson.
To read more about Axel Johnson International, visit www.axinter.com.