Founders and private shareholders of Royse have sold a majority stake to Axel Johnson International

Royse

Royse, a family-owned company based in Seville, Spain, operates 14 branches and employs more than 160 people. The company is renowned for its customer-centric approach and its comprehensive product offering of industrial mechanical components, with bearings, power transmission and value-added services as core segments. The company’s nationwide footprint coupled with high product availability, a skilled workforce and efficient internal logistics guarantee the best possible service and response to market needs.

The Deal

Lincoln International was mandated by the shareholders of Royse as the exclusive financial adviser to search for a new partner that could support the company’s next growth phase. Despite challenging macroeconomic conditions, Lincoln maintained competitive tension through a tailor-made, targeted mergers and acquisitions process with a restrict number of highly motivated strategic buyers. Lincoln closely accompanied and supported the shareholders and the management team throughout the entire process, from a comprehensive preparation to the marketing, due diligence and negotiation phases, continuously providing valuable strategic guidance. Being one of the largest acquisitions in the group’s history, Royse will become a part of the power transmission solutions business group, strengthening Axel Johnson International’s position in Iberia with a clear mutual vision and shared values for the future.

Our Perspective

Iván Marina, Lincoln International Managing Director who led the transaction, commented, “With Axel Johnson and Royse being both family-owned, both sides quickly found common ground and mutual understanding. With this alliance, Royse will continue to operate and grow under its established brand, maintaining the current management and operational structure intact, ensuring that the service and expertise Royse is known for will remain unchanged for its customers. We are grateful and honored for the trust placed in Lincoln by the shareholders on this key milestone in Royse’s history.”

Axel Johnson International

Axel Johnson is a Stockholm-based holding, founded in 1873 and owned and run by the fourth and fifth generation of the Swedish Johnson family. Building on an approximately 150-year history, Axel Johnson partners with companies in journeys sharing that long-term vision and view of building businesses – often being entrepreneur led and family owned. Its commitment is to build and support leading and profitable businesses over the long haul.

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