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BREAKING NEWS!

AVN Hydraulik acquires the company Masytec A/S
04/05/2021 08:00:00

AVN acquires Masytec

Press release - Denmark, May 3, 2021

  • AVN Hydraulik A/S has from 1 May 2021 entered into an agreement to take over the company Masytec A/S
  • Former Masytec owner Jesper Herløw continues as sales manager for Masytec

Masytec A/S in Ishøj with 21 employees, is specialized in central lubrication.

In 2010 the company changed its name from Lincoln Danmark A/S to Masytec A/S. The activities so far continued, just under a new name. Lincoln Danmark A/S and now Masytec A/S has represented Lincoln since 1962. The company therefore has extensive experience and know-how, which is supported by professional solutions for both industry, offshore and offroad applications. The company has 12 very experienced technicians who perform nationwide assembly and service at a high professional and quality level.

Since SKF acquired Lincoln in 2010, Masytec A/S has become “SKF Lubrication Systems Distributor” for the other products within central lubrication of both Lincoln and SKF. The company therefore has a very wide product range and can solve all tasks with both oil and grease lubrication.

Masytec A/S has agencies from the world’s leading suppliers within central lubrication, automatic lubrication and lubrication equipment for any purpose. The company therefore has access to the latest developments within products and technology and can draw on a global product and development organization.

The international relations therefore provide security for a professional handling of service and assembly in more than 175 countries, just as Masytec performs assemblies in all countries.

Automatic central lubrication ensures that all moving parts are always lubricated correctly with the right amount, in the right place and at the right time. This saves man hours, provides optimal operation and a longer lifetime.
Central lubrication also contributes to sustainability and reduces spills and breakdowns.

In the future Masytec will service their customers and the market in the same way as before, but with the strengthening that AVN Hydraulik A/S can provide, now being a larger organization.

Masytec A/S - Baldersbækvej 24 - DK-2635 Ishøj
Phone +45 43 45 88 66 - info@masytec.dk - www.masytec.dk

Having locations several places in Denmark AVN Hydraulik A/S are – together with its sister companies AVN Hydropower A/S and BB Hydraulik A/S – specialists in hydraulic total solutions, component sales, repair, assembly and service to the industry, marine, off-shore, energy and agriculture. The companies are distributor and service partner for Parker Hannifin and Bosch Rexroth.
 
AVN Hydraulik A/S, which was established in 1978, currently employs 70 competent employees, and has engineering, sales and workshop locations in Brøndby, Odense, Esbjerg and Aalborg. The company has 25 nationwide service cars, ready to serve our customers 24/7.
 
In the field of hydraulics the companies are particularly specialists in the following:
• Hydraulics, cooling and lubrication systems built individually according to customer requirements
• Pump and motor renovation, with large test units
• Cylinder renovation, workshops with large crane facilities
• Hose production and test, flushing, purity measurement and pressure test
• Service, repair and assembly on-site
 
The AVN Group consists of now 150 employees in the companies:
AVN Teknik, AVN Pladeteknik, AVN Hydraulik, AVN Hydropower, BB Hydraulik and Masytec.
You can read more on www.avn.dk
 
Former CEO and owner of Masytec, Jesper Herløw, says:
”I am very pleased, as part of a generational change, to have found a future owner of Masytec. AVN is a competent and professional company and its culture and values a very similar to ours in Masytec. It is important to me, that my employees get on well.” 
 
CEO for AVN Hydraulik, Michael Lindberg, says:
”We are really pleased that we now have Masytec under our wings. The product area central lubrication fits perfectly in our strategy of growth. I see an incredible number of synergies for the benefit of our customers, suppliers and employees.
We are proud to represent the world-renowned brands SKF and Lincoln in the future. 
 
Group Managing Director of the AVN Group, Ole Krabbe, says:
”I am pleased that we have succeeded in getting Masytec info the “AVN family”.”. 
The employees of Masytec have a high professional level and the right spirit just like the rest of the AVN Group – we are here for our customers, and customer service and quality are the key words.”

Ole Krabbe                              Michael Lindberg              Jesper Herløw
Group Managing Director      CEO                                       CEO
AVN Group                               AVN Hydraulik A/S              Masytec A/S

For further information please contact:
Jesper Herløw, CEO, Masytec A/S, phone +45 20 12 58 66
Michael Lindberg, CEO, AVN Hydraulik A/S, phone +45 41 94 80 92
Ole Krabbe, Group Managing Director, AVN Group, phone +45 40 36 63 03

The AVN Group has a total turnover of approx. 300 million DKK and has almost 130 employees before the purchase of Masytec. In addition to hydraulics, AVN sells and services a number of products within sheet metal machines, tools, assembly solutions and automation.
See more on www.avn.dk

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