wiredInUSA April 2018

Urban Bollö (right), CEO and partner of Windak AB, shakes hands with Jacob Nilsson, CEO and owner of Axjo Plastic to celebrate the deal

Packaging acquisition

Axjo Plastic AB is to acquire 24 percent of Windak AB.

Axjo Plastic, like Windak, is a privately owned Swedish company, manufacturing, marketing and selling cable drums and other round packaging for cable, fiber and string products. “After working with Windak since 2003, it’s extra fun to integrate our business more. There will be great advantages for our customers that themachines, already at the design table, are adapted to the correct cable drums. We will also come up with new concepts where customers can “pay by unit” and thus rent the machines, instead of buying them,” said Jacob Nilsson, CEO and owner of Axjo Plastic.

The acquisition is in Windak Holding AB and the sister companies Windak AB, Windak Inc, Windak Australia and Windak OU in Estonia. “For Windak, and for our customers, there are great benefits of closer cooperation. For example, we can construct concepts that reduce shipping costs for the coils properly by mounting the coils directly in the Windak machine. Axjo also has a good sales staff who can reach out…and inform about all the new technical possibilities Windak has to offer,” explained Urban Bollö, CEO and partner of Windak AB.

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wiredInUSA - April 2018