Nature of business Axel Johnson International is a technology trading group that develops leading companies within distribution of products, systems and services to industrial customers. The Group comprise some 80 companies in more than 20 European countries and operates through the four business areas AxLoad, AxIndustries, AxFlow and AxImage. The Group represents world-leading brands, and offers the best products and systems available. We add value through our solutions, including installation and training as well as after-market services, which can also be customised. Our overall business concept is to create solutions primarily for industrial customers, assisting them in achieving profitable operations by ensuring efficiency, reliability, quality and safety in their processes. We are distributors, problem-solvers and advisors at the same time. We link customers to products and systems from leading manufacturers around the world, adding our own expertise in various solu¬tions and service commitments to create value for customers and suppliers alike. All our businesses share the following characteristics: Technology focus: distribute high-end products, deliver solutions based on technical expertise and know-how, operate in a business-to-business sector Global sourcing, Local customization: conduct global sourcing to offer a competitive product portfolio, design, assemble and customise in their own workshops Active in European markets: Customers are industrial, service and transport companies. Sales are mostly direct and, in addition, conducted through local distributors and resellers Market leaders: We are, or strive to be, market leaders (No.1 or 2) in our niches