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.
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