MÖLNDAL, Sweden (July 2, 2014) – Elos Fixturlaser, subsidiary of Elos AB, has been acquired by the French company ACOEM. The acquisition strengthens ACOEM’s position in the field of predictive maintenance.

“It has been important for us to find an owner that will strengthen the Elos Fixturlaser operations. The combination of ACOEM and Elos Fixturlaser will create a competitive structure with supplementary products that will provide opportunities for more efficient distribution. This will benefit Fixturlaser’s customers and employees,” said Hans Svensson, CEO of Elos Fixturlaser.

ACOEM develops and markets products and services comprising smart monitoring, diagnosis and solutions. The company is part of the EVOLEM Group, a family-owned investment company.

ELOS Fixturlaser develops equipment for shaft alignment.