TPi July 2019

Business & market news

Axel Johnson expands fluid handling solutions offering in Norway

Innva is headquartered in Bærum, a suburb of Oslo, Norway, with Hawle being one of its most prominent suppliers. Since its foundation in October 2014, Innva has achieved double-digit growth, largely due to its service level and technical expertise. “Being a part of the AxFlow Group will bring us greater stability and strength as well as considerable opportunities for future growth,” said Hans

AxFlow, the fluid handling solutions business group of Axel Johnson International, has acquired Innva AS, a technical distributor of valves and piping solutions for the water and wastewater segment in Norway. “The acquisition of Innva is in line with the AxFlow Group’s strategy of expanding our offering in valves and related technical expertise,” said Ole Weiner, CEO of AxFlow Holding. “We see great opportunities to develop a larger joint offering in the Norwegian water and wastewater segment.” AxFlow AS has been selling complete pump stations, instrumentation and valves for water and wastewater treatment in Norway for decades. The addition of Innva’s product assortment in valves and piping solutions will enable a stronger combined offering.

in five business groups: fluid handling solutions, industrial solutions, lifting solutions, power transmission solutions and transport solutions. Axel Johnson International – Sweden axinter@axinter.com www.axinter.com

Erik Maastad, CEO of Innva. “Adding AxFlow’s service capacity and strong position in the market will further strengthen our customer offering.” Axel Johnson International, a Swedish industrial group of more than 110 companies in 27 countries, is organised

T2 Alloys acquires rights for Tungum tube In February 2018, T2 Alloys Ltd acquired the rights to sell and distribute Tungum tube to the global market. In additional to Tungum tube, T2 Alloys currently offers services such as pressure testing, pigging, borescope inspection and other value-added services. T2 Alloys has secured the supply of Tungum tube for the global market while managing to decrease costs, resulting in lower prices to customers. The company also obtained ISO 9001:2015 certification in July 2018, and has maintained approvals from ASME, NORSOK, ABS, US Coast Guard, FPAL, BAM and IMCA for the Tungum tube product. Distributors around the world have increased in number and T2 Alloys now offers distribution of Tungum in the UK, USA, Singapore, Dubai, South Korea, Spain, Rotterdam, Russia, Sweden and Norway. The official list of distributors and supporting contact information is available on the company’s website. In the future, T2 Alloys will also offer other seamless tube alloys for the oil and gas, dive, defence, transportation, medical and nuclear industries.

T2 Alloys Ltd – UK sales@t2alloys.com www.t2alloys.com

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July 2019 TUBE PRODUCTS INTERNATIONAL