The companies of Axel Johnson Inc. compete across a spectrum of sectors: energy, water treatment, medical device manufacturing, and sustainable development. However, what they all share in common is that each is a pioneer in its respective category and at the forefront of innovation.
Current Holdings
Axel Johnson owns a majority holding in three portfolio companies – Sprague Energy Corp., Parkson Corporation and Kinetico Incorporated. Parkson and Kinetico are part of Axel Johnson’s AxWater Group, which was formed in 2000 to pursue the Johnson family’s commitment to bringing clean, safe water to individuals and communities worldwide.
Sprague Energy Corp.
Based in Portsmouth, NH, Sprague Energy Corp. is an independent supplier of industrial, commercial and residential energy products and materials handling services to the Northeastern U.S. and Canada.
Parkson Corporation
Based in Ft. Lauderdale, FL, Parkson Corporation provides engineered components and systems for industrial and municipal water and wastewater treatment, with more than 25,000 installations worldwide.
NewtrAx LLC
NewtrAx is Axel Johnson Inc.’s greenhouse for new investments. Through NewtrAx, the company invests as minority partners in smaller, founder- and management-driven businesses, with a real need for the kind of support, structure and experience that Axel Johnson can provide.
Cadence Inc.
Based in Staunton, VA, Cadence Inc. is a preeminent manufacturer of complex cutting and piercing instruments for medical, scientific and industrial applications. Its brands are renowned for their high performance and product reliability.
Mountain Lumber Co.
Mountain Lumber Co., based in Ruckersville, VA, is one of the nation’s premier wood reclamation companies, salvaging aging wood across the world and refashioning it into flooring and millwork of exceptional character and quality.


